Saturday, May 15, 2010

‘Hold Wall Street accountable,’ says Senator Murray

“It’s time to hold Wall Street accountable,” Senator Patty Murray told a crowded press conference held in a toy store in Seattle’s Wallingford district.

At Murray’s invitation, media representatives heard the first-hand stories of the toy shop owner, an unemployed union construction worker, a senior facing foreclosure on his home and a student whose education funding was wiped out by the collapse of housing values.

“These are people who played by the rules but who paid the price for those on Wall Street who didn’t,” Murray said. “It’s time to end a system that leaves you holding the bag.”

Wall Street gamblers have cost over 150,000 jobs in Washington State, Murray said.

“I will be working to pass a bill that includes a strong consumer protection agency, an end to taxpayer bailouts, and strong regulation to bring transparency into Wall Street’s dark markets,” the senator pledged.

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