BanksterUSA.org explains why we need strong language to rein in the derivatives market: Reckless swaps and derivatives trading played a critical role in the financial crisis, inflating the domestic housing bubble and turning it into a global economic catastrophe. As the House and Senate conference committee begins
Stiglitz, Other Experts, Urge Congress To Protect Taxpayers from Banks’ Risky Products Nobel Prize winner warns against putting the government at risk for Big Banks’ deceptive practices Click here to listen to a recording of the conference call in your browser, and here for instructions
Nobel Prize winning economist Joseph Stiglitz writes in Politico about the upcoming Conference Committee between the House and Senate. He writes: The future of improved financial regulations depends largely on how the differences between the House and Senate bills are resolved. If the strongest provisions
Chairwoman Blanche Lincoln 328A Russell Building Washington, DC 20510 Ranking Member Saxby Chambliss 328A Russell Building Washington, DC 20510 Chairman Collin Peterson 1301 Longworth House Office Building Washington, DC 20510 Ranking Member Frank Lucas 1305 Longworth House Office Building Washington, DC 20510 Dear Members: On
U.S. PIRG has graded Senators on their votes on financial reform. Click here to find out how yours stack up! From their press release: “Looking at how a Senator votes on one final passage vote isn’t enough,” said Ed Mierzwinski, Consumer Program Director for U.S.
Senator United States Senate Washington, DC 20510 Re: Pending Derivatives Amendments Dear Senator: We write on behalf of Americans for Financial Reform, an unprecedented coalition of over 250 national, state and local groups who have come together to reform the financial industry. Members of our
May 13, 2010 United States Senate Washington, DC 20510 Re: Oppose Amendment #4110 to Replace Sec. 716 Derivatives Anti-Bailout Provision with a Study Dear Senator, The over 250 consumer, employee, investor, community and civil rights groups who are members of Americans for Financial Reform (AFR)
FOR IMMEDIATE RELEASE DATE: May 14, 2010 Washington, DC – After failing in attempts to overtly weaken the bill, opponents of Wall Street reform are now looking to usurp the bill in anyway possible. Americans for Financial Reform opposes any stealth attacks – including attempts
United States Senate Washington, DC 20510 May 14, 2010 Re: Feinstein Amendment #3939 to Restoring Financial Stability Act of 2010 to improve CFTC enforcement authority with respect to Foreign Boards of Trade Dear Senator: The over 250 consumer, employee, investor, community and civil rights groups