Thank the Schneiderman Task Force for Standing Up to Wall Street
First steps are finally being taken to hold one of the Big Banks accountable for its role in causing the economic collapse.
A joint federal and state task force, led by New York Attorney General Eric Schneiderman, has filed suit against Bear Stearns — now owned by JPMorgan Chase — alleging systemic fraud, deceit and recklessness that ripped off investors and devastated homeowners across the nation.
It’s an excellent, if long delayed, first step. But more must be done.
No Big Bank CEO is too big to jail.
Add your name below to thank Schneiderman and press for further charges against the Big Banks.
We, the undersigned, applaud New York Attorney General Eric Schneiderman for taking the first step toward holding Wall Street accountable by filing suit against Bear Stearns & Company for its fraud and deceptive practices.
However, for the millions of Americans who, because of Wall Street’s recklessness, lost their savings, their homes, their jobs and their very way of life, this single civil suit against one Big Bank is not enough.
We also urge the Residential Mortgage-Backed Securities Working Group and other prosecutors to take the next steps: Pursue criminal charges against Bear Stearns and other Big Banks who perpetrated the financial crisis.
Don't stop there Attorney General Schneidermann! Reduce all mortgages to current market value. The big banks were bailed out on our backs and we were given nothing in return. Make them pay for the damage More....they have done.
Sat Jul 13 14:40:52 EDT 2013
No one is too big to fail. Our president has given us a line of "bull" about how he's for the little guy - he's for big business - just like all of Washington.
Fri Jun 07 14:08:23 EDT 2013
Alana Horowitz Friedman
Fri Jun 07 13:11:57 EDT 2013
Fri Jun 07 07:38:13 EDT 2013
Sun May 05 14:46:59 EDT 2013
Its about time this has been looked at. The greed at other peoples expense is ridiculous. Give us faith in this country again!!!
Fri Apr 26 13:18:26 EDT 2013
Mon Apr 22 20:15:02 EDT 2013
Corporations must be held accountable for their disregard for damage they cause in there blind persuit of proffit for their shareholders.
Wed Apr 17 21:06:30 EDT 2013
Fri Mar 15 09:58:02 EDT 2013
Sun Mar 10 10:01:06 EDT 2013
We lost 2/3 of our retirement thanks to Citibank's Smith Barney.
Wed Feb 27 05:12:09 EST 2013
Sat Feb 23 15:08:42 EST 2013
I WAS RIPPED OFF BY JP MORGAN CHASE BANK STOCK ADVISER JONATHAN SIPMSON
Fri Feb 15 20:31:42 EST 2013
Sat Feb 09 22:50:39 EST 2013
Mon Feb 04 19:43:48 EST 2013
Sat Feb 02 02:31:52 EST 2013
Thu Jan 31 19:42:19 EST 2013
Give Sen Jeff Merkley (D-OR) some credit too, he immediately demanded Holder justify the action.
Public Citizen, Inc. and Public Citizen Foundation
Together, two separate corporate entities called Public Citizen, Inc. and Public Citizen Foundation, Inc., form Public Citizen. Both entities are part of the same overall organization, and this Web site refers to the two organizations collectively as Public Citizen.
Although the work of the two components overlaps, some activities are done by one component and not the other. The primary distinction is with respect to lobbying activity. Public Citizen, Inc., an IRS § 501(c)(4) entity, lobbies Congress to advance Public Citizen’s mission of protecting public health and safety, advancing government transparency, and urging corporate accountability. Public Citizen Foundation, however, is an IRS § 501(c)(3) organization. Accordingly, its ability to engage in lobbying is limited by federal law, but it may receive donations that are tax-deductible by the contributor. Public Citizen Inc. does most of the lobbying activity discussed on the Public Citizen Web site. Public Citizen Foundation performs most of the litigation and education activities discussed on the Web site.
You may make a contribution to Public Citizen, Inc., Public Citizen Foundation, or both. Contributions to both organizations are used to support our public interest work. However, each Public Citizen component will use only the funds contributed directly to it to carry out the activities it conducts as part of Public Citizen’s mission. Only gifts to the Foundation are tax-deductible. Individuals who want to join Public Citizen should make a contribution to Public Citizen, Inc., which will not be tax deductible.
To become a member of Public Citizen, click here. To become a member and make an additional tax-deductible donation to Public Citizen Foundation, click here.