Wall Street Can’t Be Trusted to Regulate Itself

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.

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1-25 of 9374 signatures
Number Date Name Add a Comment
9374 Sun May 05 14:46:59 EDT 2013 Tammy Bullard Its about time this has been looked at. The greed at other peoples expense is ridiculous. Give us faith in this country again!!!
9373 Fri May 03 23:31:17 EDT 2013 Anonymous
9372 Fri Apr 26 13:18:26 EDT 2013 Kathleen Kitchen
9371 Mon Apr 22 20:15:02 EDT 2013 Anonymous Corporations must be held accountable for their disregard for damage they cause in there blind persuit of proffit for their shareholders.
9370 Wed Apr 17 21:06:30 EDT 2013 John Sodrel
9369 Fri Mar 15 09:58:02 EDT 2013 Elizabeth LaBue
9368 Sun Mar 10 10:01:06 EDT 2013 Patricia Pafundi We lost 2/3 of our retirement thanks to Citibank's Smith Barney.
9367 Wed Feb 27 05:12:09 EST 2013 Clover Catskill
9366 Sat Feb 23 15:08:42 EST 2013 MARISELA VILLARTA I WAS RIPPED OFF BY JP MORGAN CHASE BANK STOCK ADVISER JONATHAN SIPMSON
9365 Fri Feb 15 20:31:42 EST 2013 K. Arnone
9364 Sat Feb 09 22:50:39 EST 2013 Anonymous Thank you!
9363 Mon Feb 04 19:43:48 EST 2013 Anonymous
9362 Sat Feb 02 02:31:52 EST 2013 Linda Jones
9361 Thu Jan 31 19:42:19 EST 2013 Richard Atwater Give Sen Jeff Merkley (D-OR) some credit too, he immediately demanded Holder justify the action.
9360 Mon Jan 28 12:57:16 EST 2013 Catherine Hart
9359 Fri Jan 25 11:35:48 EST 2013 Israel Valdez
9358 Thu Jan 24 19:32:45 EST 2013 Robert Redfield
9357 Thu Jan 24 18:44:56 EST 2013 Anonymous
9356 Thu Jan 24 15:36:17 EST 2013 Elizabeth Field
9355 Thu Jan 24 15:35:17 EST 2013 Carol Kelley
9354 Thu Jan 24 14:54:35 EST 2013 Robert Whitney Private banking is a monstrosity which must be either carefully regulated by a government accountable to the people, or simply nationalized as a public trust.

These bankers lied, cheated and More....
9353 Wed Jan 16 19:24:29 EST 2013 Holly Chisholm
9352 Wed Jan 16 09:17:23 EST 2013 Joan Piowaty
9351 Wed Jan 16 07:46:21 EST 2013 Paul Jung
9350 Wed Jan 16 07:39:30 EST 2013 harry leffmann
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