Meet Eric Schneiderman – he's our best shot at making sure banksters pay for the crimes they committed on Wall Street – crimes that have led to millions of Americans losing their jobs, homes, and livelihoods. Crimes that SO FAR – have gone unpunished. Earlier this week – Schneiderman – who is New York's Attorney General – was kicked off a panel of state officials from around the country who are working with the Obama administration to come up with a one-time settlement for banksters to pay up for their crimes. Once that settlement gets paid – then everything else gets swept under the rug – no further lawsuits – no jail time – no nothing – the crime of the century gets forgiven. The number being floated around is a $25 billion fine – to be shared by ALL the big banks on Wall Street. In other words – pocket change for banksters. But Schneiderman doesn't like the idea – that's why he was kicked off.
As Attorney General of New York – and thus the lead police chief of Wall Street – Schneiderman has the power to bring whatever investigations he wants against banksters – and he plans to do just that. He's already launched investigations into Wall Street giants like Goldman Sachs, Morgan Stanley, and Bank of America. And he wants Wall Street held FULLY accountable for the damage they caused – and not just a slap on the hand. So why is the Obama Administration NOT on Schneiderman's side? And how much longer will the American people put up the banksters skirting the law?
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Trump is busy getting ready for Day One of his presidency – but so is Truthout.
Trump has made it no secret that he is planning a demolition-style attack on both specific communities and democracy as a whole, beginning on his first day in office. With over 25 executive orders and directives queued up for January 20, he’s promised to “launch the largest deportation program in American history,” roll back anti-discrimination protections for transgender students, and implement a “drill, drill, drill” approach to ramp up oil and gas extraction.
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