Prosecute And Hold Accountable Financial Executives

 

Resolution 13-04.38

 

WHEREAS, it has been almost five years since the financial crisis crippled the American economy and,

WHEREAS, unacceptably high numbers of Americans have suffered job losses, foreclosure, homelessness, and loss of dignity due to the crisis and,

WHEREAS, the Financial Crisis Inquiry Commission showed why the system failed, that there was verifiable evidence of trillions of dollars of fraud and gross negligence, that crimes were committed by mortgage originators, underwriters, banks, and there have been no financial executive brought, to prosecution for the above actions

BE IT RESOLVED, that the California Democratic Party stands in solidarity with Senator Elizabeth Warren and others in their effort to encourage regulators, the Justice Department, SEC, and other responsible parties to prosecute and hold accountable those who not only created the crisis but have been merciless in their treatment of those who suffer as a result of their actions while still ignoring goodcorporate governance policies.

 

Supported by the Morongo Basin Democratic Club

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Adopted by the California Democratic Party
At its July 2013 Executive Board Meeting
Hilton Hotel, Costa Mesa
July 21, 2013

 

 

 

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