Unregulated derivatives trading were a major cause of the economic crisis and loss of homes, jobs and retirement savings.
Inadequate regulation of derivatives was also a major contributor to last years energy price bubble.
The volume of …

Host Tom Dziubek spoke with Heather Booth, Executive Director of Americans for Financial Reform.  Americans for Financial Reform is a coalition of over two hundred national, state and local consumer, labor, retiree, investor, community and …

The Center for Responsible Lending warned consumers this Black Friday to watch out for overdraft loans.  Every day, consumers lose $65 in overdraft fees to banks.  As CRL explains:
At $24 billion per year in fees, …

The New Republic published this article detailing how Members of Congress have shifted their thinking on derivatives – and for once, the shift benefits Main Street rather than Wall Street.  The article cites pressure from …

Dana Milbank of the Washington Post published this column today, pointing out how much the nation’s bankers have to be thankful for as they sit down for Thanksgiving turkeys tomorrow.  Here’s an excerpt:
At this time …

FOR IMMEDIATE RELEASE
CONTACT:  Lauren Weiner, 202-470-5870
DATE: November 24, 2009
Washington, DC – Americans for Financial Reform statement on the American Financial Services Association’s attacks on the proposed Consumer Financial Protection Agency:
Heather Booth, Director, Americans …