Short Movie on IndyMac, CIT Group, and OneWest Bank

Wondering how we got to a point where 21,000 people are opposing this proposed bank merger?

Where billionaires are able to collect billions more from the FDIC for their costs of foreclosing on 36,000+ Californians and an untold number of families in other states?

Where it’s okay for companies like CIT Group to default on their $2.3 billion loan from taxpayers, and then use their bankruptcy again, six years later to try and get out of paying their fair share of taxes?

Where foreclosures are concentrated in California’s communities of color?

Watch this short Prezi video and learn more:

$2.3 billion in TARP

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s