“About 60 protesters opposed to the U.S. Federal Reserve’s help in bailing out Bear Stearns (BSC.N) entered the lobby of the investment bank’s Manhattan headquarters on Wednesday, demanding assistance for struggling homeowners. … The protesters blamed Bear Stearns and JPMorgan Chase & CoCo (JPM.N) employees for helping fuel the mortgage crisis. Demand for mortgage debt from investment banks including Bear Stearns encouraged lenders to drop standards to create new loans. Some lenders resorted to scams and fraud to initiate loans. The banks repackaged and resold the debt to investors. … ‘Blame the mortgage tsunami on Bear Stearns,’ read one sign. Another read, ‘Bear Stearns employees aren’t worth $2.’ After leaving Bear Stearns, the crowd moved to JP Morgan. ‘We will go to their neighborhood, we will educate their children on what their parents do. They should be ashamed,’ NACA founder Bruce Marks said of employees at both banks.” (03/26/08)