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Protests Erupt Outside Swiss National Bank Ahead Of Davos

Swiss National Bank Protests

First Posted: 01/18/12 07:40 AM ET Updated: 01/18/12 08:10 AM ET


ZURICH, Jan 18 (Reuters) - Swiss police said on Wednesday they had arrested two men suspected of throwing red paint and scrawling "SMASH WEF" (World Economic Forum) in black graffiti on the walls of the Swiss National Bank.

Several people are believed to have smeared paint on two sides of the central bank building in Zurich during the night, causing damage in the tens of thousands of Swiss francs.

The two suspects apprehended are Swiss men aged 20 and 25, police said.

Anger against income inequality and the perceived greed of the rich and powerful fed the Occupy Wall Street Movement that spurned copy-cat protests in cities in the United States and elsewhere, including Zurich.

Occupy protesters are building an igloo camp in the Swiss ski resort of Davos, where the global elite will gather for the World Economic Forum next week.

The Swiss National Bank's reputation has taken a blow after Chairman Philipp Hildebrand was forced to step down last week following an uproar over a currency trade made by his wife. (Reporting by Caroline Copley; Editing by Alessandra Rizzo)

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(Adds detail on attendees in paragraphs 6-7) ZURICH, Jan 18 (Reuters) - Swiss police said on Wednesday they had arrested two men suspected of throwing red paint and scrawling "SMASH W...
(Adds detail on attendees in paragraphs 6-7) ZURICH, Jan 18 (Reuters) - Swiss police said on Wednesday they had arrested two men suspected of throwing red paint and scrawling "SMASH W...
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08:48 PM on 01/21/2012
the davos crowd. ariana is part of it.
05:03 PM on 01/18/2012
Davos, where the world's banksters, bloated plutocrats and their bought and paid for political leaders come to high-five each other!
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Logicalthinker10
Religious denominations cause division .
01:20 PM on 01/18/2012
Good job. We need more of this globally.
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Ralphiec88
Not Lib or Con, so I aggravate everyone
08:25 AM on 01/19/2012
More vandalism? Really? How does that help in building support from the real 99%? Or does that not matter to OWS any more?
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HUFFPOST SUPER USER
Tom Hn
American liberty with unconventional wisdom
01:07 PM on 01/18/2012
I knew it, nothing good would come out from OWS.
MrStat1
I believe in the rule of law
11:54 AM on 01/18/2012
Well, there you are folks! Your "peaceful, non-violent, don't-damage-others-property protesters" at work.
09:12 AM on 01/18/2012
lets hope this is not a new US export to fix the balance trade "Occupy Davos"?
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Totto
"Not 'Noise' One Round: *Music*
08:50 AM on 01/18/2012
They are Swiss and they are protesting greed? Switzerland's raison d'etre IS greed. Everything, from their superb rail system to their military defensive system is paid for with money in the vaults of Zurich. These kiddies were spoon-fed on other people's gold.
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mater
mater
08:55 AM on 01/18/2012
When you're right, you're right!
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DeepThought24
NATURE, REASON, FACTS and SCIENCE...not
09:05 AM on 01/18/2012
What? Switzerland has been the bastion of freedom and democracy…it’s why they have the gold. Unlike the new Amerika.
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Totto
"Not 'Noise' One Round: *Music*
09:16 AM on 01/18/2012
That's why women haven't been able to vote, right?
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koos458
The Weather is Aways Nicer in Coos Bay
11:04 AM on 01/18/2012
BS! Switzerland has been the bastion of greed and double dealing.