Tell President Obama: 55 investigators aren't enough

[janemaati]

Back in January, President Obama announced during the State of the Union speech the creation of a new financial crimes task force to investigate the crimes and misdeeds that led to the economic collapse and "hold accountable those who broke the law."

Yet, despite the enormity of the issue, its direct impact on millions of Americans and the widespread nature of crimes and wrongdoing, the new financial crime unit has been allocated a paltry 55 staff members to undertake this enormous task.¹

And now we're hearing from insiders in Washington DC, that the full complement of 55 promised investigators -- which is already not nearly enough -- haven't even been deployed to the task force.

Contrast this to the approximately 1,000 FBI agents and dozens of federal prosecutors who were assigned to prosecute cases related to the much smaller savings and loan scandal of the '80s, or the 100 FBI agents tasked with investigating the Enron scandal, which involved just one company and caused none of the economy-wide damage we've seen since the collapse of the housing bubble.

I just signed a petition telling President Obama that 55 investigators are not enough. We need 20 times more staffing to launch a real investigation into Wall Street's crimes.

I hope you join me. You can sign the petition and find out more about the issue at the link below.

https://act.credoaction.com/campaign...nZXx&rc=paste1

[Dixon]

I strongly support the idea of cracking down on these Wall Street pigs, but the notion that Obama would be remotely interested in prosecuting them seems incredibly naive. Why would Obama, who responded to the economic collapse by appointing some of the biggest crooks (Geithner, Paulsen, Bernanke, etc.) to positions of authority in his administration, make anything more than a token response to the Wall Street criminals who continue to be among his biggest financial supporters? And why would they be supporting him if there were the slightest chance he'd support indicting them for their crimes?