Just a few weeks ago, Treasury Secretary Timothy Geithner said that crimes did not play a significant role in the financial collapse.1 Secretary Geithner was never, ever an ally in the fight for Wall Street accountability, but similar sentiments have also been expressed by both Attorney General Eric Holder2 and President Obama.3And when Attorney General Holder recently listed his priorities for the end of the term, Wall Street accountability wasn't even on the list!4
If we want to see criminal Wall Street bankers behind bars, we must insist that President Obama make criminal prosecutions a priority.
If the financial crimes task force President Obama announced in his State of the Union speech doesn't hand down criminal indictments soon, we might never see Wall Street bankers held accountable for causing the worst economic collapse since the Great Depression.
But the task force is only staffed with a fraction of the investigators needed to do its job.5So even simply making criminal indictments a low priority would be tantamount to taking them off the table.
We need to speak out now to put this at the top of the agenda.
Click the link below for the numbers to call and a sample script.
Thank you for speaking out.
Matt Lockshin, Campaign Manager
CREDO Action from Working Assets
CREDO Action from Working Assets
1. "Grumbling Grows on Left Over Slow-Going in Wall Street Crisis Investigations," The Hill, 04-27-12.
2. "Holder Defends Efforts to Fight Financial Fraud," The New York Times, 02-23-12.
3. "Obama's Take on Wall Street Prosecutions," The New York Times, 12-12-11.
4. "Assessing Schneiderman's Task Force Gamble," FDL News, 04-27-12.
5.Ibid.
2. "Holder Defends Efforts to Fight Financial Fraud," The New York Times, 02-23-12.
3. "Obama's Take on Wall Street Prosecutions," The New York Times, 12-12-11.
4. "Assessing Schneiderman's Task Force Gamble," FDL News, 04-27-12.
5.Ibid.
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