• Petitioned President Obama

This petition was delivered to:

President of the United States of America
President Obama

Stop Goldman Sachs from withholding Community Reinvestment Act monies.

    1. David Krolick
    2. Petition by

      David Krolick

      Albuquerque, NM

Goldman Sachs, an investment bank, reinvented itself as a commercial bank in order to qualify for a bailout of billions of dollars. The stipulation was that they give some of the money to community based banks so small businesses and home buyers could have better access to loans. All Community Reinvestment Act money is tax-payer funded.

Goldman Sachs in addition to parsing out the funds very slowly, has just initiated a policy of only making the Community Reinvestment Act monies available to banks that are in accord with their political views. Case in point: Goldman Sachs required the Lower East Side Federal Credit Union to return funds because the credit union refused to cancel an event honoring a new banking customer, Occupy Wall Street. Occupy Wall Street encourages people to do business with community based banks.

Goldman Sachs should not make the policies and views of community based banks a criteria for receiving tax payer funds.

Recent signatures

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    1. Reached 50 signatures

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    Reasons for signing

    • Maneesh Pangasa YUMA, AZ
      • over 2 years ago

      Stop Goldman Sachs from withholding Community Reinvestment Act monies.

      Goldman Sachs, an investment bank, reinvented itself as a commercial bank in order to qualify for a bailout of billions of dollars. The stipulation was that they give some of the money to community based banks so small businesses and home buyers could have better access to loans. All Community Reinvestment Act money is tax-payer funded.

      Goldman Sachs in addition to parsing out the funds very slowly, has just initiated a policy of only making the Community Reinvestment Act monies available to banks that are in accord with their political views. Case in point: Goldman Sachs required the Lower East Side Federal Credit Union to return funds because the credit union refused to cancel an event honoring a new banking customer, Occupy Wall Street. Occupy Wall Street encourages people to do business with community based banks.

      Goldman Sachs should not make the policies and views of community based banks a criteria for receiving tax payer funds.

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      REPORT THIS COMMENT:
    • Barbara Tomlinson SEATTLE, WA
      • over 2 years ago

      LIARS, LIARS, PANTS-ON-FIRE!!!

      Bail out the PEOPLE, NOT the evil Banksters!

      REPORT THIS COMMENT:
    • Marilee Odendahl FREEPORT, IL
      • over 2 years ago

      Goldman's actions provides a perfect example of precisely why parks in major cities are presently filled to overflowing with citizens who are completly disillusioned... and very, very angry.

      REPORT THIS COMMENT:
    • Alice McGough MASHPEE, MA
      • over 2 years ago

      IMPORTANT !!!!!!!!!!!!!!!!!! PLEASE SIGN !!!!!!!!!!!!!!!!!

      REPORT THIS COMMENT:
    • C Shumate PRAIRIE GROVE, AR
      • over 2 years ago

      Demand return of every dollar

      Goldman Sachs received as a bailout, put them out of business NOW!

      REPORT THIS COMMENT:

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