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Articles tagged with: Resolution Authority

AFR Supports the Pre-funded Orderly Liquidation Fund
May 4, 2010 – 10:52 am

The Honorable Chairman Dodd
Committee on Banking, Housing, and Urban Affairs
United States Senate
Washington, DC 20510
April 9, 2010
Dear Chairman Dodd,
The over 250 consumer, employee, investor, community and civil rights groups who are members of Americans for Financial …

AFR: No More Taxpayer Bailouts
April 15, 2010 – 1:37 pm

FOR IMMEDIATE RELEASE

Washington, DC – Today, Tax Day, as Americans are all too aware of where their tax dollars are going, Americans for Financial Reform agrees that taxpayers should never again be on the hook for …

Fact Check: Big Banks Must Pay Up
April 5, 2010 – 9:32 am

FOR IMMEDIATE RELEASE

The so-called $50 billion “bailout slush fund” would force big banks to pay not taxpayers

Washington, DC – Americans for Financial Reform denounces the misstatements by opponents of reform – including Senators Shelby and DeMint …

AFR to Senators: Create a Sound and Functional Resolution Authority
February 3, 2010 – 4:23 pm

February 1, 2010
The Honorable Christopher J. Dodd
The Honorable Richard C.  Shelby
The Honorable Robert P. Corker
The Honorable Mark R. Warner
Mr. Michael S. Barr
Dear Chairman Dodd,
We, the organizations comprising Americans for Financial Reform (AFR), are writing to …

AFR to Senator Dodd: Support Strong Reforms
February 3, 2010 – 12:12 pm

February 1, 2010
The Honorable Christopher Dodd
Chairman
Senate Committee on Banking, Housing and Urban Affairs
534 Dirksen Senate Office Building
Washington, D.C.  20510
Dear Senator Dodd:
We are writing today to convey our strong support for comprehensive regulatory reform, and to …

New York Times Editorial: Even Bigger Than Too Big to Fail
December 16, 2009 – 7:41 am
New York Times Editorial:  Even Bigger Than Too Big to Fail

This week, the New York Times editorilized about Citibank’s exit from the bailout program.  Although this seems to be good news on the surface, they note that in fact, our financial system is creating ever …

AFR Supports H.R. 4173
December 9, 2009 – 1:54 pm

AFR sent the following letter to Congress regarding H.R. 4173 on December 9, 2009.
Download the letter as a PDF.
Dear Representative:
The undersigned organizations strongly urge you to support H.R. 4173, the “Wall Street Reform and …

Preventing the Next Financial Crisis and Bailout: “Too Big to Fail” Policy
December 3, 2009 – 1:41 pm
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 …