How Obama Can Hold Banks Accountable

How Obama Can Hold Banks Accountable

Only a federal investigation can get to the bottom of what happened in the housing bubble—and get a fair deal for homeowners.

Facebook
Twitter
Email
Flipboard
Pocket

Banks and their executives have yet to be held accountable for the “predatory lending, inadequate disclosures, deception, false signatures” and “manipulations of every kind” that led to the loss of millions of Americans’ homes, declares Robert Reich. More alarmingly, they are on the brink of getting away with their actions. Reich explains why the president has to open an investigation to get to the bottom of what happened, and do so now.

This video is the fifth in a series by MoveOn.Org on Occupy Wall Street, the financial crisis and related debates that currently stir the country. Click to access the first, second, third and fourth, and check back at TheNation.com each week for new episodes.

—Elizabeth Whitman

Dear reader,

I hope you enjoyed the article you just read. It’s just one of the many deeply reported and boundary-pushing stories we publish every day at The Nation. In a time of continued erosion of our fundamental rights and urgent global struggles for peace, independent journalism is now more vital than ever.

As a Nation reader, you are likely an engaged progressive who is passionate about bold ideas. I know I can count on you to help sustain our mission-driven journalism.

This month, we’re kicking off an ambitious Summer Fundraising Campaign with the goal of raising $15,000. With your support, we can continue to produce the hard-hitting journalism you rely on to cut through the noise of conservative, corporate media. Please, donate today.

A better world is out there—and we need your support to reach it.

Onwards,

Katrina vanden Heuvel
Editorial Director and Publisher, The Nation

Ad Policy
x