Wall Street wrecked the economy, and banks are still refusing to work with people who are trying to stay in their homes. The Campaign for a Fair Settlement, along with other partners, is calling on President Obama to champion an agenda that would:

1. Hold bankers accountable for their crimes.

2. Keep people in their homes by resetting their mortgages.

JPMorgan Chase lost more than $6 billion on a bad bet known as the “London whale” trades and then tried to conceal its losses from regulators, investors and the public, according to a report released last night and hearings held today by the Senate Permanent Subcommittee on Investigations.

When media reports surfaced in April of last year that a JPMorgan Chase trader had “amassed positions so large that he’s driving price moves in the $10 trillion market,” JPMorgan Chase executives quickly responded by holding a call with investors and analysts.

JPMorgan Chase should be liable for alleged fraud by Bear Stearns, which it now owns, AFL-CIO President Richard Trumka said in a statement released today.

In a surprising change of heart, the ex-CEO of Citigroup, Sandy Weill, backed off his former position that there is nothing wrong with Big Banks.

Politico reports:

It’s tough these days being a member of the top 1 percent, what with all the complaints about the widening income gap and tax breaks for billionaires, not to mention the demands of the 99 percent for a little accountability. “It feels lonely…,” said John A. Allison IV, former CEO of BB&T, one of the nation’s top 10 banks, to Bloomberg News.

Ja-Rei Wang, AFL-CIO Media Outreach fellow, writes about her experience with Occupy Wall Street in New York City.

I was one of more than 1,000 students, working families, parents, freelance artists, union members, health care providers and immigrants who weaved through Manhattan’s sidewalks to Washington Square Park to protest the growing wealth inequality in our country, rising unemployment, powerful corporate influence on politics and the need for financial reform, among other concerns. The marching contingent was made up of a diverse group of people of all ages, genders and ethnicities taking part over the weekend in Occupy Wall Street’s “International Day of Action.”

The Big Banks still don’t get it. Bank of America recently announced that it will start charging its customers $5 per month to use their debit cards. Wells Fargo and JPMorgan Chase are considering similar fees on their customers.

In a major turnaround, officials of Reynolds American, who have refused for three years to meet with representatives of tobacco workers, agreed last week to look into the labor practices in their supply chain and work with other parties, including the Farm Labor Organizing Committee (FLOC) to ensure they are not complicit with human rights violations.

Hundreds of workers, religious leaders, community activists and farm worker advocates rallied and protested in 200 cities across the couintry today to demand that JP Morgan Chase respect the basic human rights of people to have decent places to live and work.

Across the country late last week, hundreds of union members, religious leaders, community activists, farm workers and victims of bank home foreclosures protested at 200 JPMorgan Chase branches to demand the bank respect the basic human rights of people to have decent places to live and work.