The Attorney general of NY has been tasked by President Obama to investigate and prosecute the Banks and the bank personel responsible for our losses and the recession they have caused. He needs the backing of the American people.
Why is this important?
The mortgage fraud perpetrated by the top US banks has cost American homeowners over ten Trillion dollars in lost equity. During the 1990's Savings and Loan crisis over 1000 bank execs were indicted. Since the recent mortgage crisis which precipitated the largest financial meldown in history no one has been indicted. Try reading the Report of the Angelides Commission and you will understand the reality.
