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End Taxpayer Funded Bailouts

CMOC: True Derivatives “End Users” Don’t Need Any More Loopholes
May 5, 2010 – 10:57 am

COMMODITY MARKETS OVERSIGHT COALITION
An Alliance of Derivatives End-Users & Reform Advocates
May 4, 2010
The Honorable Harry Reid
Majority Leader, U.S. Senate
522 Hart Senate Office Building
Washington, DC 20510
The Honorable Mitch McConnell
Minority Leader, U.S. Senate
361A Russell Senate Office Building
Washington, …

AFR Supports the Prohibition Against Federal Government Bailouts of Swap Entities
May 3, 2010 – 1:50 pm

United States Senate
Washington, DC 20510
May 3, 2010
Re: Letter of support for the Prohibition against Federal Government Bailouts of Swaps Entities
Dear Senator:
The over 250 consumer, employee, investor, community and civil rights groups who are members of …

AFR: Danger Ahead For Reform Package; Big Banks Will Try To Weaken Or Kill Bill
May 3, 2010 – 11:35 am

FOR IMMEDIATE RELEASE
DATE: May 3, 2010

As the first full week of debate begins on Financial Reform, danger lies ahead for the bill. The big banks, and their friends on the Hill, will …

Examples of State Consumer Protection Laws that Have Been Preempted
May 3, 2010 – 10:16 am

Courtesy of the National Consumer Law Center
April 28, 2010
The following are examples of state laws that have been preempted by federal bank regulations.  Section 1044 of S. 3217, the Restoring American Financial Stability Act, allows bank regulators …

New York Times: What About the Raters?
May 3, 2010 – 9:57 am

Everyone (except Wall Street bankers) seems to be outraged about Wall Street banks, which made billions by trading complex confections of dicey mortgages and then passed us the tab when the investments went belly up. …