Foreclosed Homeowners Arrested While Demanding Prosecution of Bankers (Video)
Homeowners facing foreclosure and housing rights activists (Home Defender's League and Occupy Our Homes ) protested outside the U.S. Department of Justice on Monday and were arrested (video below).
The protesters were demanding that U.S. Attorney General Eric Holder hold Wall Street Banks accountable for their illegal foreclosure tactics. So far, not one high-level executive from a major bank has been charged.
Instead of criminal prosecution, the banks agreed to pay each wronged homeowner a total of $300, reported Rolling Stone.
However, 17 protesters did not get an option to just pay a fine.
They were handcuffed, arrested and led away by police, according to the Washington Post, which also claimed the protesters were trying to "storm" the Department of Justice.
Ann C. Wilcox, an attorney who represents the protesters, said several of them were tased, but a Washington D.C. police spokeswoman said D.C. police were not involved in the tasing.
Federal law enforcement, also on the scene, would not comment.
“A couple months ago, Eric Holder said banks are too big to prosecute. We think that is fundamentally wrong,” said protester Jason Collette.
According to Salon.com, Sen. Elizabeth Warren (D-MA) recently wrote a letter to Holder, Securities and Exchange Commission Chairwoman Mary Jo White and Federal Reserve Chairman Ben Bernanke, questioning the three officials for their decisions to settle with banks, instead of pursuing criminal prosecution.
Source: Washington Post, Salon.com, Rolling Stone