You are hereNews
Occupy Wall Street Protesting Carlos Slim at Saks Fifth Avenue
By Joe Coscarelli, August 7, 2012
As the richest man in the world, Mexican billionaire Carlos Slim Helú has his hand in many honeypots including the phone company Telmex, the New York Times, and apparently Saks Fifth Avenue. Itself an icon of Manhattan luxury, protesters have picked the department store for a four-day rally beginning this afternoon: What's left of Occupy Wall Street plans to join forces with Yo Soy 132, the similarly amorphous Mexican student group, under the umbrella of what they're calling "Two Countries, One Voice," for a demonstration against Slim's "monopolistic practices" at his telecommunications companies. "Carlos Slim is the 1 percent of the 1 percent," said one Occupy organizer. But the would-be villain himself won't be there, and doesn't seem to be sweating it.
As of now, the Facebook group for the event boasts just about 250 RSVPs (and another 175 "maybes"). "Slim is the world's richest man, the largest stakeholder in Saks Fifth Avenue, and has been accused of overcharging impoverished Mexicans by over $129 billion as owner of Mexico's largest phone company," the group stresses. "What better way to protest predatory greed by taking over his Fifth Avenue store?"
To read the rest of this story, visit NYMag.com