Statement by AFL-CIO President Richard L. Trumka on Possible Bank Mortgage and Foreclosure Fraud Settlement

Washington, DC–(ENEWSPF)–January 23, 2012. We need to hold banks accountable for the fraudulent practices that brought about the worst economic crisis since the Depression.  State Attorneys General have been investigating bank fraud, and these critical investigations must not be undermined by a premature and inadequate settlement.  We call on the administration to reject any deal that insulates banks from full responsibility.