Of course the irony is that these are protests against Wall Street's lack of accountability...

http://globalresearch.ca/index.php?context=va&aid=27479

A Chill Descends On Occupy Wall Street; "The Leaders of the allegedly Leaderless Movement"

On Sunday, October 23, a meeting was held at 60 Wall Street. Six leaders discussed what to do with the half-million dollars that had been donated to their organization, since, in their estimation, the organization was incapable of making sound financial decisions. The proposed solution was not to spend the money educating their co-workers or stimulating more active participation by improving the organization’s structures and tactics. Instead, those present discussed how they could commandeer the $500,000 for their new, more exclusive organization. No, this was not the meeting of any traditional influence on Wall Street. These were six of the leaders of Occupy Wall Street (OWS).

Occupy Wall Street’s Structure Working Group (WG) has created a new organization called the Spokes Council. “Teach-ins” were held to workshop and promote the Spokes Council throughout the week of October 22-28. I attended the teach-in on Sunday the 23rd.

According to Marisa Holmes, one of the most outspoken and influential leaders of OWS, the NYC-GA started receiving donations from around the world when OWS began on September 17. Because the NYC-GA was not an official organization, and therefore could not legally receive thousands of dollars in donations, the nonprofit Alliance for Global Justice helped OWS create Friends of Liberty Plaza, which receives tax-free donations for OWS. Since then, Friends of Liberty Plaza has received over $500,000. Until October 28, anybody who wanted to receive more than $100 from Friends of Liberty Plaza had to go through the often arduous modified consensus process (90% majority) of the NYC-GA—which, despite its well-documented inefficiencies, granted $25,740 to the Media WG for live-stream equipment on October 12, and $1,400 to the Food and Medical WGs for herbal tonics on October 18.

At the teach-in, Ms. Holmes maintained that while the NYC-GA is the “de facto” mechanism for distributing funds, it has no right to do so, even though she acknowledged that most donors were likely under the impression that the NYC-GA was the only organization with access to these funds. Two other leaders of the teach-in, Daniel and Adash, concurred with Holmes.

Ms. Holmes also stated at the teach-in that five people in the Finance WG have access to the $500,000 raised by Friends of Liberty Plaza. When Suresh Fernando, the man taking notes, asked who these people are, the leaders of the Structure WG nervously laughed and said that it was hard to keep track of the “constantly fluctuating” heads of the Finance WG. Mr. Fernando made at least four increasingly explicit requests for the names. Each request was turned down by the giggling, equivocating leaders.

The leaders of the Structure WG eventually regained control of the teach-in. They said that they too were unhappy with the Finance WG’s monopoly over OWS’s funds, which is why they wanted to create the Spokes Council. What upset them more, however, was the inefficient and fickle General Assembly. A major point of the discussion was whether the Spokes Council and the NYC-GA should have access to the funds, or just the Spokes Council.

Daniel, a tall, red-bearded, white twenty-something—one of the six leaders of the teach-in—said that the NYC-GA needed to be completely defunded because those with “no stake” in the Occupy Wall Street movement shouldn’t have a say in how the money was spent. When I asked him whether everybody in the 99% had a stake in the movement, he said that only those occupying or working in Zuccotti Park did. I pointed out that since the General Assembly took place in Zuccotti Park, everybody who participated was an occupier. He responded with a long rant about how Zuccotti Park is filled with “tourists,” “free-loaders” and “crackheads” and suggested a solution that the even NYPD has not yet attempted: Daniel said that he’d like to take a fire-hose and clear out the entire encampment, adding hopefully that only the “real” activists would come back.