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Article Archive for February 2010

From Foreclosure to Redlining: How America’s Largest Financial Institutions Devastated California Communities
February 8, 2010 – 1:20 pm

The California Reinvestment Coalition released this report (PDF) about subprime lending to communities of color in California.  Here are their key findings:
Lenders saturated California neighborhoods with high-cost and predatory loans:

In 2006, in each city, lenders …

Heather Booth: Beware Frank Luntz’s Lies
February 8, 2010 – 11:24 am
Heather Booth: Beware Frank Luntz’s Lies

AFR Director Heather Booth has a new column on the Huffinton Post exposing Frank Luntz’s lies about financial reform.  Here’s an excerpt from her post:
Seen this ad from the “Committee for Truth in Politics”? If …

The Main Street Brigade is Underway
February 8, 2010 – 11:17 am
The Main Street Brigade is Underway

The Main Street Brigade is a rapid response team, nationwide, that can be activated to protect our communities against just this kind of devastation.
Right now, we are ALL vulnerable to the big banks, CEOs and …

Regulating Derivatives and Shadow Markets
February 6, 2010 – 3:08 pm

To get our economy back on track, we must regulate the financial instruments known as “derivatives.”  Derivatives are traded on Wall Street in secretive “shadow markets.”  These markets need to be brought into the light …

AFR: Senator Dodd Makes Right Call to Move Forward
February 5, 2010 – 4:14 pm

FOR IMMEDIATE RELEASE
DATE: February 5, 2010
AFR: Dodd Makes Right Call To Move Forward
Dodd’s Leadership Means Accountability for Wall St is Within Reach
Washington, DC – Americans for Financial Reform released the following statement regarding Senate Banking …

Heather Booth’s Latest Blog Post on Financial Reform and Jobs
February 5, 2010 – 12:45 pm
Heather Booth’s Latest Blog Post on Financial Reform and Jobs

Heather Booth, the Executive Director of Americans for Financial Reform, is now blogging on the Huffington Post.  Click here to read her profile and subscribe to her blog.
This week, she’s talking about the link between …