Be afraid, be very afraid.

From: Elena Perez, MoveOn.org Political Action
Subject: BREAKING: Wall Street investigation launched!
Date: January 24, 2012 11:08:30 PM EST

Dear MoveOn member,

Did you watch the State of the Union tonight? President Obama did exactly what hundreds of thousands of us have been calling on him to do—he announced a federal investigation into Wall Street. Here’s what he said:

“I am asking my Attorney General to create a special unit of federal prosecutors and leading state attorneys general to expand our investigations into the abusive lending and packaging of risky mortgages that led to the housing crisis. This new unit will hold accountable those who broke the law, speed assistance to homeowners, and help turn the page on an era of recklessness that hurt so many Americans.”

The best part is, progressive champion New York Attorney General Eric Schneiderman is co-chairing the investigation and will make sure it stays on track.

This is truly a huge victory for the 99% movement.