Wall Street Front Group President Sneers At Protesters, Says Public Servants Are Paid Too Much
by Lee Fang
On Friday, two dozen protesters gathered outside of an event for the St. Louis Regional Chamber and Growth Association, where U.S. Chamber of Commerce president Tom Donohue gave a lunchtime presentation about the economy. As ThinkProgress first reported in April of 2010, the U.S. Chamber operated as a front group for banks like J.P. Morgan and Bank of America to kill Wall Street reform.
The local CBS affiliate in St. Louis noted that, while Donohue gave a speech demanding more deregulation of the economy, the protesters outside called for better government oversight of Wall Street. Asked by a reporter at the event what he thought of the protesters, Donohue mocked their intelligence:
When a reporter informed U.S. Chamber of Commerce President and CEO Tom Donohue that protestors
were planning to demonstrate against his visit to St. Louis, he questioned their intelligence. “Do you think they even know what a derivative is?” Donohue said.