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Say No To U.S. Bank Settlement Demand Criminal Investigation

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Today our U.S. Treasury Department came to an agreement with some of the largest banks in America where the banks will pay a fine as punishment for their participation in the near destruction of our economy. Its time for the banks to be held criminally liable. Don't fine the banks - put their executives in jail if they committed a crime! DEMAND our government investigate fully what the banks did and punish them so they feel it.

SEC and other regulatory agencies who fine wall street banks are considered cost of doing business by those very banks. It's absolutely meaningless. Criminal charges need to be charged - get the bankers doing perp walks. Then they'll take notice.


Here's the headline on the agreement:

The Federal Reserve announced on Thursday it has reached an agreement with five U.S. banks on penalties totaling $766.5 million over problems in their mortgage servicing businesses as part of a larger $25 billion foreclosure deal struck between the banks and state and federal agencies.

Links

http://www.reuters.com/article/2012/02/09/us-financial-regulation-occ-idUSTRE8181IF20120209
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