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ACTION: Tell Obama to End Too Big to Jail - PLEASE SIGN ( US Only)


US Politics & Gov't  (tags: AG Holder, Obama, banks, Wall Street, too big to fail/ trial, justice, economy, crash )

Angelika
- 1869 days ago - signon.org
In testimony on Wed, March 6, US AG Holder said "I am concerned that the size of some of these institutions becomes so large that it does become difficult for us to prosecute them ... I think that is a function of the fact that some of these >>



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Comments

Vicky P (476)
Friday March 8, 2013, 2:53 pm
noted and signed, it's not US only
 

Angelika R (143)
Friday March 8, 2013, 2:58 pm
The most amazing thing just happened.

The Obama Administration finally admitted the truth of what we've been saying all along: giant Wall Street banks have become too big to prosecute. In testimony on Wed, March 6, US Attorney General Eric Holder—the nation's top cop—said,

"I am concerned that the size of some of these institutions becomes so large that it does become difficult for us to prosecute them ... I think that is a function of the fact that some of these institutions have become too large."
Exactly.

Now we understand why the Obama Administration has failed to bring criminal charges against a single major Wall Street bank or executive for systemic fraud that brought down our economy. When the Attorney General openly admits that the most powerful members of society won't be prosecuted for even the most egregious of crimes, we are in deep trouble as a nation.

Remember that we gave Wall Street bankers $700 billion in TARP bailouts and $2.5 trillion in investments, loans, and guarantees to shore up their business (and outrageous bonuses) on the theory that letting them collapse would create a generation-long Depression. In return it seems fair to demand accountability for the actions that brought us to that point. Now it turns out the Administration never had any intention of seeking accountability.

That's why we're demanding an immediate end to this unconscionable policy that puts the wishes of Wall Street 1%ers above the well-being of working families, most especially those hardest hit by the criminal actions of these very same people.

The Campaign for a Fair Settlement has pushing hard during the first hundred days of President Obama's second term for real accountability for the Wall Street criminals who stole our homes, savings, and pensions and destroyed our economy. We think this is the only way he'll secure his legacy as a champion of justice for the millions of homeowners, taxpayers and retirees harmed by Wall Street criminals. This revelation makes this all the more urgent.

It's break up time. Now or never.

Stand up and demand President Obama take immediate steps to break up the big banks and prosecute the criminals who used them to destroy our economy.
 

Angelika R (143)
Friday March 8, 2013, 3:02 pm
Vicky-. if you happen to have a suitable zip, fine. But the form for state in this one does not provide "other/ none"- means you might have to "lie" (sign as fake) No country selection either. It is up to each individual .
 

Angelika R (143)
Friday March 8, 2013, 3:03 pm
OOPS- apologies- disregard everything I said above! Very sorry! Of course you can choose your country!
 

Nicole W (646)
Friday March 8, 2013, 3:28 pm
signed and shared, thank you Angelika
 

Angelika R (143)
Friday March 8, 2013, 4:51 pm
Elizabeth Warren has a question: How much money does a bank have to launder before people go to jail?

Warren, the Democratic senator from Massachusetts and financial-regulatory maven, posed that question numerous times to financial regulators at a Senate Banking Committee hearing Thursday on banks and money laundering.

In December, U.S. Justice Department officials announced that HSBC, Europe's largest bank, would pay a $1.92 billion fine after laundering $881 million for drug cartels in Mexico and Colombia. At the time, the Justice Department disputed accusations that it views some banks as too big to prosecute.

The two regulators, Under Secretary for Terrorism and Financial Intelligence David S. Cohen and Federal Reserve Governor Jerome H. Powell, deflected Warren's questions, saying that criminal prosecutions are for the Justice Department to decide.

"If you're caught with an ounce of cocaine, the chances are good you're going to jail. If it happens repeatedly, you may go to jail for the rest of your life," an exasperated Warren said, as she wrapped up her questioning. "But evidently, if you launder nearly a billion dollars for drug cartels and violate our international sanctions, your company pays a fine and you go home and sleep in your own bed at night - every single individual associated with this - and I just think that's fundamentally wrong." (Chris Good, ABC news)
 

Kit B (276)
Friday March 8, 2013, 6:15 pm

Thanks for signing! Now, pass it on. -- and tweeted
 

David C (133)
Friday March 8, 2013, 6:44 pm
done, thanks.
 

Joe R (190)
Saturday March 9, 2013, 9:09 am
Thanks Angelika. Signed and noted.
 

. (0)
Saturday March 9, 2013, 11:24 am
done, TY Angelika
 

. (0)
Saturday March 9, 2013, 11:52 am
signed-thanks
 

Malgorzata Z (198)
Saturday March 9, 2013, 11:53 am
niestety tylko w USA
 

Animae C (514)
Saturday March 9, 2013, 1:30 pm
signed
 

Barbara K (60)
Saturday March 9, 2013, 1:48 pm
N & S. If we are not too big to jail, neither are these crooked banksters.
 

Angelika R (143)
Saturday March 9, 2013, 1:54 pm
Malgorzata -please select POLSKA , you CAN sign!
 

Joanne D (38)
Saturday March 9, 2013, 1:58 pm
This may actually be the third or fourth time, but I'm willing to sign any time it will take my signature. :-)
 

Christeen A (370)
Saturday March 9, 2013, 2:04 pm
Signed.
 

Past Member (0)
Saturday March 9, 2013, 2:06 pm
Let's not just jail them, let's destroy their power! Please sign,
https://petitions.whitehouse.gov/petition/economic-and-national-security/xM2Xr5w1
http://www.thepetitionsite.com/257/834/410/economic-security/
 

Birgit W (160)
Saturday March 9, 2013, 2:31 pm
Thanks, I am not able to sign
 

Robert Tomlinson (62)
Saturday March 9, 2013, 2:34 pm
Signed and noted!
 

john byrne (50)
Saturday March 9, 2013, 2:54 pm

T.Y. ANGELIKA. SIGNED & POSTED
 

Angelika R (143)
Saturday March 9, 2013, 2:55 pm
Once again, I CORRECTED MY ERROR. This IS FOR EVERYBODY TO SIGN ! Select your country please!
 

Ro H (0)
Saturday March 9, 2013, 3:02 pm
ty
 

marlene barrett (6)
Saturday March 9, 2013, 3:47 pm
signed and shared
 

Gloria H (88)
Saturday March 9, 2013, 4:38 pm
too big to jail? You can set up a area in my backyard. He can live off any slugs he can catch! I'm sure he is comfortable among the other slimy critters.
 

Angelika R (143)
Saturday March 9, 2013, 4:45 pm
lmao Gloria, hilarious!
 

Heidi Aubrey (16)
Saturday March 9, 2013, 5:33 pm
Signed and noted.
 

Lois Jordan (63)
Saturday March 9, 2013, 6:56 pm
Very gladly signed. Noted. Much thanks, Angelika.
 

Shirley B (5)
Saturday March 9, 2013, 7:45 pm
Gladly signed & noted
 

Charlene B (4)
Saturday March 9, 2013, 9:39 pm
They can put a man in jail for stealing food to feed his family,but the people that are stealing the money thousands of people would use to buy food for their families get a pass.This is beyond insane
 

Lynn Squance (235)
Sunday March 10, 2013, 12:00 am
signed
 

Lynn Squance (235)
Sunday March 10, 2013, 12:05 am
A corporation is a person and therefore does not make its own decisions. It has a Board of Directors and a CEO. These are the ones that should go to jail. The corporate entity should survive as it does if a CEO retires. "Too big to jail" doesn't cut it and this is the rallying cry of corporate criminals who fearmonger.
 

David Johnson (13)
Sunday March 10, 2013, 7:03 am
Signed and noted.
 

paul m (93)
Sunday March 10, 2013, 7:18 am

Signed
 

Ellen G (325)
Sunday March 10, 2013, 7:23 am
2 sigs
 

Anna Undebeck (256)
Sunday March 10, 2013, 7:35 am

Thanks for signing! Now, pass it on.

Thank you!
 

Ro H (0)
Sunday March 10, 2013, 10:07 am
ty
 

Ann P (17)
Sunday March 10, 2013, 10:46 am
Noted and signed. L♡ve ☮ Peace.
 

Emma S (239)
Sunday March 10, 2013, 1:29 pm
Done! Thank you, Angie.
 

M B (62)
Sunday March 10, 2013, 2:06 pm
signed & noted. That's a worldwide thing.
 

DORIS L (61)
Sunday March 10, 2013, 2:43 pm
signed.
 

James Maynard (84)
Sunday March 10, 2013, 8:35 pm
Teddy Roosevelt did it.......
 
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