Articles tagged with: house sr
Preventing the Next Financial Crisis and Bailout: “Too Big to Fail” Policy
When a financial institution fails, only insured depositors should be rescued by the government. Bailouts for other parties, such as shareholders and bond holders, are an unacceptable use of the public treasury to rescue private …
Sherman Amendment Letter of Support
House Financial Services Committee
2129 Rayburn House Office Building
Washington, D.C. 20515
November 17, 2009
Dear Chairman Frank, Ranking Member Bachus, and Members of the Committee,
As members of Americans for Financial Reform, a coalition of nearly 200 consumer, employee, …
AFR: “Too Big to Fail” Legislation Needs to Be Improved to Ensure We Avoid Another Financial Meltdown
Powers must be given to a fully public body, and one that is able to benefit from the information and perspective of the routine regulators of the financial system (excerpt from Pres. Trumka’s testimony)
DATE: …