December 27, 2024
W.E. Resultados Profesionales 我們專業的效果
Newsletter Signup

Community News

U.S. Senator Tells Justice Depart. Banks Not "To Big to Jail!"
April 11, 2015

 

Sen

Search Results

 
 
Image result for oregon senator jeff merkleySenator Jeff Merkeley

 

 

 

Dear MoveOn member,

I'm Oregon Senator Jeff Merkley, and I started a petition to the Department of Justice, which says:

If Big Banks can buy their way out of criminal prosecution, there's little incentive for them to do what's right. And it's a double standard that says wealthy institutions are above the law. 

We believe no bank is "too big to jail" and ask that the Department of Justice hold lawbreakers accountable with serious penalties, including jail time, whether they're individuals or Big Banks.

When Credit Suisse pleaded guilty to criminal charges last May, many called it the end of "too big to jail" for Big Banks. But guess what: No bank executives actually went to jail. 

Instead, they paid a fine—$2.6 billion—to settle the charges. 

That may sound like a lot to you and me, but to a major financial institution, that's a cost of doing business. And it's just one in a series of settlements by Big Banks after wrongdoing when none of the executives went to jail. 

That isn't justice. It's time we demand equal enforcement of the law. Click here to add your name. 

If we want Big Banks to respect the law, they should be held accountable when they break it. 

We're calling on the Department of Justice to end the "too big to jail" scheme the Big Banks enjoy today. 

After all, just because you're the banker doesn't mean you should get out of jail free. 

Add your name and help us stand up to Big Bank abuses! 

Click here to add your name to this petition, and then pass it along to your friends.

Thanks!

–Senator Jeff Merkley

This petition was created on MoveOn's online petition site, where anyone can start their own online petitions. Senator Jeff Merkley didn't pay us to send this email—we never rent or sell the MoveOn.org list.

Want to support our work? We're entirely funded by our 8 million members—no corporate contributions, no big checks from CEOs. And our tiny staff ensures that small contributions go a long way. Start a monthly donation hereor chip in a one-time donation here.


Related Articles · More Articles
San Francisco native, Mario Van Peebles, comes home to the San Francisco Black Film Festival with three powerful films screening at the Kabuki & The San Francisco Main Library. Perfect Political Food for Thought in U.S. Presidential Election Year!
Posted Courtesy of Wright Enterprises Community Spotlight San Francisco ~ Dallas Celebrating Freedom and Musical Heritage: The Batistes of NOLA’s Royal Family of Music to Bring Their Legacy to the Nation’s Capital.
Posted Courtesy of Wright Enterprises Community Spotlight San Francisco ~ Dallas Mayor London N. Breed joined State Senator Scott Wiener to announce legislation to combat fencing, the sale of stolen goods on City streets. Authored by Senator Wiener and sponsored by Mayor Breed, Senate Bill 925 (SB 925) would allow San Francisco to create permitting requirements to regulate the sale of items commonly obtained through retail theft and impose criminal penalties for those who engage in this practice.