In the news

Kansas City Star-McClatchy Newspapers
Kevin G. Hall and Lindsey Wise

WASHINGTON -- A civil lawsuit against investment giant JPMorgan Chase, announced Tuesday in Washington by New York’s top prosecutor, is aimed at the root of the nation’s brutal 2008 financial crisis. Consumer advocates, however, questioned why it took so long and why prosecutors didn’t bring a criminal case. [...]

“You can make a lot of money doing corporate crime and unfortunately the risks are very low, as seen by how few people have gone to jail and how little money has been returned to people harmed in the fiscal crisis,” said Ed Mierzwinski, the consumer program director for advocacy group U.S. PIRG. “These corporations so far are paying an infinitesimal amount of money compared to the havoc they wreaked on families, homes and the economy.” [...]

Support us

Your tax-deductible donation supports U.S. PIRG Education Fund’s work to educate consumers on the issues that matter, and the powerful interests that are blocking progress.

Learn More

You can also support U.S. PIRG Education Fund’s work through bequests, contributions from life insurance or retirement plans, securities contributions and vehicle donations. 

U.S. PIRG Education Fund is part of The Public Interest Network, which operates and supports organizations committed to a shared vision of a better world and a strategic approach to social change.