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Article Archive for June 2010

What Does Wall Street Reform Mean?
June 30, 2010 – 2:39 pm

For details on the outcomes of certain issue areas, follow the links at the bottom of this page.
Nearly two years after Wall Street crashed our economy, and after a year of work, the House …

Wall Street Reform: The Consumer Financial Protection Bureau
June 30, 2010 – 2:34 pm
Wall Street Reform: The Consumer Financial Protection Bureau

In a landmark win for Main Street, the financial reform bill will result in substantial new protections for consumers from the tricks and traps in personal financing that indirectly and otherwise led to the financial …

Wall Street Reform: Systemic Risk Regulation
June 30, 2010 – 2:32 pm

Under current law, there is no single body designated to look at the “big picture,” and head off financial crises like the crash of 2008 and major non-bank players in the financial market operated in …

Wall Street Reform: Credit Rating Agencies
June 30, 2010 – 2:32 pm

Credit-ratings agencies had been held up historically as neutral arbiters of risk. That turned out to be far from the truth, as evidenced by the numerous mortgage-backed securities and other risky securities that states and …

Wall Street Reform: Derivatives Trading
June 30, 2010 – 2:30 pm
Wall Street Reform: Derivatives Trading

Selling over-the-counter derivatives is among the most lucrative businesses for the largest financial companies. U.S. commercial banks held derivatives with a notional value of $216.5 trillion at the end of the first quarter of this year, …

Media Advisory: Iowa Residents and Activists Call on Senator Charles Grassley to Vote for Wall Street Reform
June 30, 2010 – 9:42 am

MEDIA ADVISORY
June 30, 2010
PLEASE CONTACT: Amy Logsdon, Iowa Citizen Action Network, 319-321-7056

Media Conference Call, Wednesday, June 30, 11:00 am CST
Iowa Residents and Activists Call on Senator Charles Grassley to Vote …