No Arrests on Wall Street, But Over 7,700 Americans Have Been Arrested Protesting Big Banks

As Senator Elizabeth Warren (D-MA) has said, the nation’s biggest banks have essentially gained “too big for trial” status, and the federal government has failed to prosecute any executive at a Big Bank for financial fraud. While Wall Street has escaped prosecutions, thousands of Americans have been arrested in the course of protests against the banks. As of May 2013, that number is 7,736 — according to the website Occupy Arrests, which tracks arrests. On Monday, dozens of homeowners who have faced abuses by Big Banks rallied outside the Department of Justice (DOJ) in Washington, D.C. They demanded that the agency finally prosecute Wall Street banks who have become, as Senator Elizabeth Warren (D-MA) has said, “too big for trial.” The march, consisting of well over a hundred demonstrators, started at Washington, D.C.’s Freedom Plaza. The marchers came from as far as Portland, Oregon, and large contingents came from cities plagued with foreclosures, such as Atlanta and New York City….more

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