BANKSTER ACTION ALERT: NATIONAL CALL IN DAY ON FRAUDCLOSURE, TUESDAY MARCH 29TH

BANKSTER USA   March 29, 2011 CONTACT: Mary Bottari at (608)-260-9713 or mary@prwatch.org BANKSTER ACTION ALERT: NATIONAL CALL IN DAY ON FRAUDCLOSURE, TUESDAY MARCH 29TH The first draft of a proposed settlement from the 50 state Attorneys General against the big banks for their rampant mortgage fraud went public a few weeks ago. Starting with a middle-of-the-road proposal full of loopholes is not a good way to start negotiation. The big banks and their supporters have already started crying foul, trying to slip out of any real enforcement, punishment and restitution for the millions of homeowners they owe. This means that it’s time to kick into high gear our push for a “settlement that fits the crime.” The state Attorneys General are expected to meet with the big banks this week. That’s why our friends at National People’s Action, PICO National Network and others working to stop the foreclosure madness are making today Nationwide Call-In Day to all 50 state Attorneys General. TAKE ACTION! Call your state Attorney General today at 1-866-200-6444 and tell him/her that crime should not pay! Tell your AG to come out in support a settlement that provides justice for the homeowners who have been wrongfully foreclosed upon and for millions facing foreclosure, and a settlement that holds the big banks accountable for their crimes. Nothing less is acceptable. BANKSTER WONK ROOM: Read more about problems with the settlement negotiations so far: Gretchen Morgensen, New York Times “A Swift Deal May Not Be a Sound One”. Jesse Eisinger, New York Times “In Proposed Mortgage Fraud Settlement, a Gift to Big Banks.” And thank you for everything you do to fight the Banskters! Follow BanksterUSA on FaceBook and Twitter! ABOUT US BanksterUSA is a project of the Wisconsin-based Center for Media and Democracy (CMD). CMD was founded in 1993 as an independent, non-profit, non-partisan, public interest group focusing on exposing corporate spin and government propaganda.

520 University Avenue, Suite 260 Madison, Wisconsin 53703-4929 Phone: 608-260-9713 | Fax: 608-260-9714 E-mail: info@banksterusa.org    Some recent stories on increasing legal and economic pressures being put on struggling homeowners.