In the News
“’People know that financial companies were running amok, and that kind of behavior takes money out of people’s pockets and was the cause of a financial crisis,’ said Lisa Donner, executive director of Americans for Financial Reform. ‘President Trump campaigned on standing up to Wall Street, and I don’t think his voters are looking for putting Goldman Sachs even more in charge.’”
In the new political environment, it is likely that there will be a heavy emphasis on the capital formation mission of the SEC. The IAC should play a critical role in reminding the Commission that investor protection is crucial to stable and effective capital formation. …Improving financial entity disclosures is crucial if we are to improve market discipline for large financial entities and investor discipline for funds.
FOR IMMEDIATE RELEASE: June 7, 2012
CONTACT: Erin Kilroy at 202-466-1885
AFR Statement on ReFund Transit Coalition’s Swaps Report, “Riding the Gravy Train”
Washington DC – This report does a valuable service in documenting $529 million in …
AFR released a statement on the JP Morgan losses, global derivatives regulation, and the speech by Gary Gensler at the Financial Industry Regulatory Authority (FINRA.)
AFR released a press advisory regarding a press call regarding JP Morgan’s $2 billion loss.
by Louise Story
December 11, 2010
“On the third Wednesday of every month, the nine members of an elite Wall Street society gather in Midtown Manhattan.
The men share a common goal: to protect the interests of big …
June 28, 2011
“Almost anywhere you look, assessments of the state of the economic recovery are muddled — job growth is positive but fading, consumer spending ebbs and flows, corporate profits are surging but corporate …
June 29, 2011
By Jesse Eisinger, Propublica
“The most pronounced development in banking today is that executives have become bolder as their business has gotten worse.
The economy is clearly weaker than expected, and housing prices are …