Call Upon President Obama to Stop Protecting Corrupt Bankers

Target: President Obama

Goal: Stop the President and his administration from protecting corrupt bankers from prosecution by state officials.

Although in recent weeks President Obama has spoken out against Wall Street crime, his administration is simultaneously trying to protect these corrupt bankers from prosecution by state attorneys general. In several states, attorneys general are working to bring these bankers, who have cost their respective states billions of dollars, to justice. Members of the Justice Department, who are pushing a settlement deal with banks and thus, keeping the crooked bankers free from prosecution on the state level, are undercutting these efforts. For the good of the entire nation, these corrupt bank officials ought to criminally pay for what they have done to the economy.

Despite overwhelming evidence implicating some of the nation’s largest banks in criminal activities, the Justice Department has yet to convict or charge anyone. Bankers have admitted to charges of perjury, illegal foreclosures and falsifying documents, and yet still no arrests have been made. This Wall Street crime is responsible for leaving millions of Americans unemployed and sending the nation’s economy into a downward spiral and there must be accountability.

It is the responsibility of the Justice Department to prosecute these crooked bankers. However, instead these officials have been discussing a White House-endorsed settlement deal that would protect bankers from prosecution and let them instead pay a small sum as punishment. Several attorneys general stand against this settlement deal, believing these bankers should not get away with this so easily. Attorneys general from New York, California, Nevada and Delaware are among those speaking out against the settlement, and are continuing to investigate corrupt bankers in their respective states.

California and Nevada were hit particularly hard in terms of foreclosures. Attorney General for Nevada, Catherine Cortez Masto and Attorney General Kamala D. Harris of California will continue to investigate corrupt bankers. “This crisis is causing great havoc in the local economy. Families are being forced out of their homes—vacant homes are being vandalized,” says Attorney General Masto.

The settlement deal would cost bankers a mere $20 billion-$25 billion—a pittance for their extensive criminal activity that has caused millions of Americans to free fall into poverty.

Our country deserves a stronger response to Wall Street crime. We deserve action by our Justice Department to bring those responsible for our current economic situation to pay for their crimes. Sign below to demand that the President and his administration stop these settlement discussions, and allow state attorneys general to prosecute crooked bankers without interference.

PETITION LETTER:

Dear President Obama,

It is one thing to speak out against Wall Street crime, but it is entirely different to take action against it. We, the people of the United States, have heard extensive talk about how terrible Wall Street crime is, and how it must come to an end. But we have seen little action to bring those responsible for these crimes to justice.

The Justice Department in your administration is actually engaged in discussions with these crooked bankers to negotiate a settlement. This settlement will protect corrupt bankers, who have cost America trillions of dollars and left millions of citizens jobless and many homeless—this is deplorable and unacceptable.

Corrupt bankers must be brought to justice and held responsible for their actions and reckless, self-serving decisions. A settlement deal is a mere slap on the wrist and will not effectively deter bankers from repeating their criminal offences.

The Justice Department cannot continue to protect the interests of banks, leaving American families without justice.

Please stop protecting corrupt bankers with a settlement deal, and allow attorneys general to continue investigating and prosecuting dishonest, predatory banks.

Sincerely,

[Your Name Here]

_

Photo credit: tobym via Flickr

Sign the Petition

  • Only your name will be displayed. By signing, you accept our terms and may receive updates on this and related causes.
FacebookCare2 NewsTwitterEmailShare

2 Comments

  1. Jo Anne Godwin says:

    Stop protecting the interests of the banks and their officers over the interests of the American people. The ones who are corrupting the processes of finance for innocent Americans must be brought to justice!

  2. Everyone is selling out the American public just to line their own pockets. It has to stop.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

Facebook Comments

comments

42 Signatures

  • Nikki Owen
  • Ana Maria Mainhardt Carpes
  • Darlene Roepke
  • Eveline Mutsaerts
  • Lynn Juozilaitis
  • Ann Blank
  • tam O
  • Mary-Carol Gales
  • Debbie Biere
  • Amy Wilson
1 of 4123...4
Skip to toolbar