• Petitioned Peter Kilmartin

This petition was delivered to:

Attorney General of Rhode Island
Peter Kilmartin

Hold Wall Street Accountable for its Fraud

    1. Abel Collins
    2. Petition by

      Abel Collins

      Wakefield, RI

The rule of law must be applied equally to all people. Yet, the most massive organized crime spree in history has not only gone unpunished, but has actually been rewarded with trillions of dollars of bailouts and interest free loans to the criminals responsible. In order to re-establish trust in our political and economic systems, justice must be served.

Throughout the housing bubble era and its disastrous unwind, Wall Street committed fraud upon fraud against the American public and indeed the whole world. From the fraudulent origination of subprime mortgages; to the establisment of the Mortgage Electronic Registry System (MERS) to bypass the land registry system; to the illegitimate pooling and servicing agreements in the securitization process; to the false credit ratings then given to the consequent Mortgage Backed Securities and their derivatives; and finally to the illegal forclosures attained by robosigning false notes and affidavits; the whole process was and is criminal.

We, the people of Rhode Island, ask you, Attorney General Kilmartin, to not let these crimes go unpunished. Join other states like New York, Massachusetts, and Nevada in prosecuting Wall Street for mortgage fraud, and don't sign on to any mortgage settlement that absolves the mortgage bankers of their responsibility for their subprime lending and the resulting invalid and illegal repossessions of our homes. Moreover, we call upon you to launch an investigation of foreclosure fraud in Rhode Island

Recent signatures

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    1. Reached 500 signatures

    Supporters

    Reasons for signing

    • Maneesh Pangasa YUMA, AZ
      • about 2 years ago

      Hold Wall Street Accountable for its Fraud

      The rule of law must be applied equally to all people. Yet, the most massive organized crime spree in history has not only gone unpunished, but has actually been rewarded with trillions of dollars of bailouts and interest free loans to the criminals responsible. In order to re-establish trust in our political and economic systems, justice must be served.

      Throughout the housing bubble era and its disastrous unwind, Wall Street committed fraud upon fraud against the American public and indeed the whole world. From the fraudulent origination of subprime mortgages; to the establisment of the Mortgage Electronic Registry System (MERS) to bypass the land registry system; to the illegitimate pooling and servicing agreements in the securitization process; to the false credit ratings then given to the consequent Mortgage Backed Securities and their derivatives; and finally to the illegal forclosures attained by robosigning false notes and affidavits; the whole process was and is criminal.

      We, the people of Rhode Island, ask you, Attorney General Kilmartin, to not let these crimes go unpunished. Join other states like New York, Massachusetts, and Nevada in prosecuting Wall Street for mortgage fraud, and don't sign on to any mortgage settlement that absolves the criminals of their responsibility.

      REPORT THIS COMMENT:
    • Valerie Lopez ORANGE, CA
      • about 2 years ago

      Uncover what you are agreeing to first. Do you clearly understand that the true borrower is not the homeowner. The homeowner is a co-borrower. The true borrower is being concealed. There was an insurance annuity when the homeowner stopped paying the concealed insurance annuity - it kicked the settlement. Loads of money to who knows who---homeowner is a benficiary to this Annuity also; but offered Pennies. Do not make a decision till full investigation. Learn first Follow the money- Do not negotiate with criminals hiding behind Bank Brand Names and Gift of Gab and Showmanship. We are intelligent; let'd use our intelligence to prtect ourselves. Do not disaapoint the authors of US Constitution.

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    • David Jockusch ROME, GA
      • about 2 years ago

      We need the rule of law. NOBODY "get away with it."

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    • don rhodes NORTH PROVIDENCE, RI
      • about 2 years ago

      It's amazing that this investigation of foreclosure hasn't been already launched and people punished. One of the reasons that the image of R.I. is so soiled.

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    • Kim Falcone WAKEFIELD, RI
      • about 2 years ago

      This fraud MUST be exposed!

      REPORT THIS COMMENT:

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