Oct 2, 2011 1:32 PM by Francis Kou NBC News

Hundreds of Wall Street demonstrators arrested

Wall Street erupted into chaos as police arrested as many as 700 protesters Saturday. They were part of a massive march along New York City's Brooklyn Bridge, the largest demonstration to date since Occupy Wall Street movement began two weeks ago.

Cell phone video shows New York City police officers taking some of protestors into custody. Hundreds are camping in a park near Wall Street.  The demonstrators say they are protesting against a wide variety of social ills from corporate greed to global warming. Their numbers have continued to grow aided by social media.

Last weekend, as many as 80 arrests and skirmishes with the NYPD were posted on YouTube. By design, there is no one leader of this group and no organized set of demands.

"We're each doing our own thing," said protester Amy Hamburg. "But we're doing it together, we're coming together and we're saying things need to change."

The movement has already spawned similar protests across the country. In Denver Saturday, a group calling themselves Occupy Denver gathered at the state capitol on Saturday saying they stand with protestors in New York and will no longer tolerate the greed and corruption of wall street. There were no reports of arrests there.

Labor experts say the movement is also gaining the attention of high-profile activist. Political science professor Dorian Warren of Columbia University thinks the movement could have influence the 2012 elections.

"This is the liberal version of the Tea Party especially with young people who are getting mobilized and expressing their grievances," Warren said "I think this could potentially carry over into the 2012 elections and get people to the polls."


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