We can’t let unscrupulous banks off the hook

August 26, 2011 at 9:57 am | Posted in Uncategorized | 5 Comments

Here’s one of those CREDO/True Majority peititions that’s going around.  I forwarded it to about twenty-five people today.

Readers of this blog will note the relevance of the subject matter.

Dear Friend,

The notorious robo-signing scandal is just the tip of the iceberg when it comes to wrongdoing by the mortgage industry. And New York Attorney General Eric Schneiderman is one of a handful of state attorneys general standing up to make sure the Wall Street crooks who illegally cheated millions of people don’t get a free pass.

But the Obama administration and federal banking regulators are pressuring Attorney General Schneiderman to back down and accept a settlement with the major mortgage firms that would impose no criminal penalties for breaking the law.

As the Attorney General of New York, Eric Schneiderman has a unique opportunity and a unique obligation to stand up for the victims of unscrupulous Wall Street firms. And the Obama administration and federal regulators should stop trying to strong-arm him.

I just signed a petition telling the Obama administration and federal banking regulators that you stand with Attorney General Eric Schneiderman and attorneys general like him who are fighting to hold banks accountable for criminal activity.

I hope you do too.   Just click the link below.

http://act.credoaction.com/campaign/back_schneiderman/?r_by=26301-455517-XbjYCox&rc=paste1

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