Date(s) - 02/14/2013
12:00 pm - 2:00 pm
Category(ies) No Categories
Join us to give HSBC, Bank of America and other megabanks
Valentine’s Day Break Up Cards
Rally to call for a break up of the megabanks who are Too Big to Fail, Too Big to Jail and simply Too Big.
If they get into trouble, they hold the economy hostage to avoid prosecution. This was just illustrated most dramatically when HSBC and other banks got away with facilitating money-laundering by drug dealers, terrorist and Iran among others. Even though HSBC confessed to these heinous acts, they were not prosecuted for fear of “horrible consequences” to the economy.
But this is just the latest case. Another example of flagrant criminal activity was the “Robosigning scandal”. Megabanks including Bank of America, JPMorgan Chase and HSBC were caught committing massive fraud in their rush to foreclose on underwater borrowers. Here too, there were no criminal prosecutions, just a slap on the wrist and a promise by the banks to behave better in the future. A promise they have already broken.
We need to end this threat to our jobs and the taxpayers pocket.
OUR MESSAGE ON FEBRUARY 14th is this: Break up the megabanks! Revoke HSBC’s US banking license.
Rally to End Too Big to Jail
Valentine’s Day, Thursday, February 14th Noon to 2 PM.
Meet at Steps of New York Public Library, 42nd and 5th
March to HSBC Bank (40th and 5th) and Bank of America Tower (42nd and Sixth)