Commentary

Statement by AFL-CIO President Richard Trumka: JPMorgan Chase Should be Liable for Alleged Acts of Fraud by Bear Stearns

Washington, DC–(ENEWSPF)–October 25, 2012.  America’s working families demand strong enforcement of our nation’s securities laws against allegations of bank wrongdoing.  Law enforcement must get to the bottom of the fraudulent activity that spawned the Wall Street financial crisis.  For this reason, the AFL-CIO strongly supports the ongoing law enforcement efforts of New York State Attorney General Eric Schneiderman and the Residential Mortgage-Backed Securities Working Group established by President Barack Obama.

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