As Senator Elizabeth Warren (D-MA) has said, the nation’s biggest banks have essentially gained “too big for trial” status, and the federal government has failed to prosecute any executive at a Big Bank for financial fraud.
While Wall Street has escaped prosecutions, thousands of Americans have been arrested in the course of protests against the banks. Yesterday, at protests at the Department of Justice, at least 17 Americans were arrested — and there were more arrests today. In October 2011, one month after the start of Occupy Wall Street, at least 1,000 Americans had been arrested in these protests. As of May 2013, that number is 7,736 — according to the website Occupy Arrests, which tracks arrests.
Help us stand with these protesters.Ai??Click here to sign our petition to the Securities and Exchange Commission asking it to end ai???too big for trial.ai???
Given how many Banks didn’t own these mortgages and in many cases literally stole the home while the owner was away on vacation something must be done. Many homes had no foreclosures legally due, people who owned nothing to the banks, people who weren’t EVER LATE ON A PAYMENT,but who stole their homes anyway. Yet the DOJ only compensated loses for stolen homes at a measly $500.00, “Because Banks would take a hardship if they actually had to pay back people who lost their homes to Bank theft!” People who WERE NEVER LATE ON A PAYMENT lost everything”!! This can happen to anyone of us on vacation. $500.00 doesn’t replace a home when no payment was ever owed to the banks, nor were these people ever late on a payment. Think this can’t happen to you? Banks have lists and go after those who have equity first. This is world class theft, legal in USA. It has to stop.