Progressives Deliver Message to the White House: No Sweetheart Deal for Big Banks

Progressives Deliver Message to the White House: No Sweetheart Deal for Big Banks

Jan. 19, 2012

Washington, DC – Progressive groups are uniting today to send a strong message to the White House that bankers who commit fraud ought to be investigated, prosecuted and sent to jail. The Campaign for America’s Future and MoveOn, Credo, Progressives United, New Bottom Line, and Color of Change are working together to deliver more than 360,000 petitions to the White House and to the Chicago offices of Democracy for America. The petition asks the President not to let the banks off the hook: No Deals. Investigate. Prosecute.

“Obama administration officials have been trying to pressure state attorneys general to cut a deal with bankers who broke the law and devastated the economy,” said Roger Hickey, co-director of the Campaign for America’s Future. “It’s clear from the overwhelming response to this petition drive that the public wants to see bankers who hurt the U.S. economy investigated and prosecuted to the fullest extent of the law.”

Link to Campaign for America’s Future’s Petition: Don’t let banks off the hook. No deals. Investigate. Prosecute

Petition to President Obama:

“We the undersigned urge you, President Obama, to launch an immediate investigation into what the FBI warned was an “epidemic of fraud” that contributed to the housing crisis and threw millions out of their homes. The proposed sweetheart deal that would prevent such an investigation from taking place should be stopped. It is vital that the laws be enforced, that those who broke the law be held accountable – or else Wall Street bankers will feel free to defraud people in the future.”

Articles by Campaign for America’s Future’s co-director Robert L. Borosage: No Sweetheart Deals for Big Banks and by senior fellow Richard Eskow: New Bank Deal Still Unfair

The Campaign for America’s Future (CAF) is a center for ideas and action that works to build an enduring majority for progressive change. The Campaign advances a progressive economic agenda and a vision of the future that works for the many, not simply the few. The Campaign is leading the fight for America’s priorities – for good jobs and a sustainable economy, and for strengthening the safety net.

Link to this press release:



7 Responses to “Progressives Deliver Message to the White House: No Sweetheart Deal for Big Banks”
  1. Financial Crime victim says:

    No Sweetheart Deal for Big Banks????? WHAT?
    It was the progressive scums who created this mega disaster in the first place!!!!!!

  2. lvent says:

    CNBC and Diana O….lick are doing a report on the housing crisis tomorrow…the show promises to offer a whole lot of recycled lies and fraudulent solutions to what their owners criminal minions did…

  3. William says:


  4. Jason Werner says:

    This anti-progressive, hard-core conservative, delivers the same message.

  5. Victor Fury says:

    Impeachment should be moved upon. No more semi-bank friendly progressive organizations need participate in the re-election of a corrupt Administration. NOT TO DISCREDIT THE EFFORT, but with MoveOn, what we are partly seeing is a desperate attempt to re-elect a corrupt administration of President Geithner. Only when the most powerful are threatened with (metaphorically) being hurled to the street will they consider the mass of suffering and destruction wrought by Wall Street. Obummer had the chance to cramdown, instead he said ‘Let ’em eat foreclosures’ . OCCUPY!!

    • lvent says:

      I remember when Obama lied in front of the world and said what Wall Street did was not necessarily criminal but reckless…he also spoke about the victims of these crimes very arrogatntly when he said …Just ask the homeowners who have already lost their homes…
      I say impeach! ……people in other nations are calling for ALL WORLD LEADERS TO STEP DOWN…! I AGREE…..! All of these so called leaders are globalists including OBAMA and his administration..that is an illegal and Unconstitutional conflict of interest. Their Globalist agenda flies in the face of everything America stands for….which are freedom and democracy…..!!!!

      • lvent says:

        Obama is a very sneaky about what he does…too many people don’t get it..take mother thinks he had to sign it because there were other valuable things in there that had to be passed!..People have to realize that is how they have sneak in TYRANNY……! UNDER THE GUISE OF OTHER THINGS….! that is precisely what they did in Weimar Germany…they are sneaking in more draconian measures any way they can!
        Wake up America!…
        watch the latest Keiser Report:….

Leave a Reply