February 10, 2012
I’m writing in support of a strong Volcker Rule. My family and I were affected by the economic collapse of 2008, and we don’t want it to happen again.
As you prepare the final rule, bear in mind the fundamental goal of the rule – to ban big banks from exposing consumers and taxpayers to risky proprietary trades.
Banks that break the rule should face swift, automatic penalties for violations. Violations of the Volcker Rule endanger the stability of our financial system. They should not be treated lightly.
Exemptions should only be allowed if they do not undermine this goal. If an exemption would result in exposing consumers and taxpayers to bank risk, it should be rejected.
THE BANKS TOTALLY RUINED OUR COUNTRY. I LOOK FORWARD TO THOSE RESPONSIBLE BEING HELD ACCOUNTABLE FOR THEIR CRIMES - WITH TRIALS, IMPRISONMENT, AND RESTITUTION PAID TO THE AMERICAN TAXPAYERS WHO BAILED THEM OUT.
ALL HOMES MUST BE RETURNED TO THE VICTIMS OF FORECLOSURE. PEOPLE ON THE STREETS, DUE TO THE INEPTITUDE OF BANKERS, IS A CRIME - AND WILL NOT HELP OUR COUNTRY MOVE FORWARD. THE INNOCENT MUST NOT BE PUNISHED.
ALL THE MONEY TAKEN MUST BE RETURNED TO THE AMERICAN PEOPLE. ALL BONUSES, BANKERS NAIVELY CHOSE TO REWARD THEMSELVES WITH, MUST BE FORFEITED AND RETURNED TO THE AMERICAN PEOPLE.
HOW IS IT POSSIBLE THAT THOSE WHO DO THE MOST DAMAGE TO OUR COUNTRY GET BAILED OUT, PLUS GET BONUSES, RATHER THAN BEING HELD CRIMINALLY LIABLE??? WE, THE AMERICAN TAXPAYERS, ARE SICK TO DEATH OF THIS ABUSE. WE DEMAND JUSTICE.
Thank you for considering my comment,
Sarah Reid
Ithaca, NY