It’s time for the Big Banks to bear responsibility for the financial
crisis—and for fraud and abuse against homeowners across the country. The nation’s state
attorneys general are considering a settlement with the bankers, but there’s a
risk they’ll let the people who tanked our economy off with a slap on the
wrist. It’s urgent we tell them we need a settlement that holds banks
accountable for the damage they’ve done and helps homeowners. Will you write the White House to let them know?
A
Strong Settlement is Needed
Your
Letter:
Foreclosures
and the abuses of the Big Banks are crippling our economy. In neighborhoods
like mine and across the state, we’ve seen people underwater on their mortgages
and even losing their homes. Even worse, in many cases the Big Banks broke
rules, falsified paperwork or defrauded homebuyers—and gambled with our homes
to enrich themselves. They have yet to be held responsible.
Families
like mine are depending on you to stand up for us and put our needs ahead of
protecting the banks. We can’t just let banks get bailed out and escape
consequences for their irresponsibility and greed.
I urge
you to fight for a strong settlement with the banks that really will hold them
accountable for their misconduct and the damage done to the economy. Any
settlement must reflect the harm done to homeowners and provide large-scale
relief for underwater homeowners. And before you agree to any settlement, there
must be a full investigation into misconduct and fraud by the banks.
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