The U.S. economy has been brought to the brink of collapse thanks to the failure of shoddy and dubious financial instruments, and kept afloat only thanks to major infusions of taxpayer cash. The major banking institutions, who have been raked over the coals of public opinion, saw their main public lobby, the American Bankers Association, assemble in Chicago, only to face the wrath of organized public outrage.
Thousands of activists and citizens also converged to take the ABA to task, thanks to the organizing efforts of National People's Action in an effort called Showdown in Chicago. Protesters entered the lobby of the Sheraton Chicago to face the ABA directly. This was followed by marches through downtown Chicago where thousands voiced their concern and called for accountability and positive change.