In 2008, the financial sector collapsed and nearly brought down our whole economy. What were the ingredients behind that crash? Recklessness on Wall Street and a willingness in Washington to play along with whatever the big banks wanted.
Years have passed since the crisis and the bailout, but the big banks still swagger around town. And when Citigroup and the others don’t quite get their way or Washington doesn’t feel quite cozy enough, they quickly move to loud, public threats.
That kind of swagger is a warning shot. They want a showy way to tell people across the country to be scared of speaking out, to be timid about standing up, and to stay away from fighting for what’s right.
Ok, they have taken their shot, but it will not work.
We’re not going to stop talking about the unprecedented grasp that Citigroup has on our government’s economic policymaking apparatus. We’re not going to stop talking about the settlement agreements that JPMorgan makes with our Justice Department that are so weak, the bank celebrates by giving their executives a raise. And we’re not going to pretend the work of financial reform is done, when the so-called “too big to fail” banks are even bigger now than they were in 2008.
Sign our petition to send a message to Wall Street: They can threaten or bully or say whatever they want, but we aren’t going to change our game plan.
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