Thursday, June 23, 2011

Showdown in America: "Handcuff (cookies) for the CEOs"

While Attorneys General gathered in Chicago to discuss how to hold big banks accountable for crashing our economy, members of the New Bottom Line campaign passed out "welcome packets" containing cookies with frosted handcuffs, a tourist map of foreclosed homes in Chicago, and a flyer with homeowner's demands.

"We want to make sure that they are doing their job and fighting for us and not the banks," said Rev. Robert Bushey, a member of Illinois People's Action.

Illinois Attorney General Lisa Madigan and North Carolina Attorney General Roy Cooper threatened litigation if settlement talks with largest mortgage servicers break down. "If we don't get an agreement, we're prepared to go to court," Cooper said.

Big banks are definitely feeling the heat.

Last week, JPMorgan Chase fired the head of their mortgage division one month after the famous "Moat Crossing" at the Showdown in Ohio.

Read more about the meeting with Attorneys General and download the latest Chicago foreclosure report.

Thanks for all that you do,

Showdown in America
A campaign of National People's Action (NPA)

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