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 …

United States House of Representatives
Washington, D.C. 20515
December 7, 2009
Re: Support the Hinchey-Inslee-Conyers-DeFazio-Tierney Amendment to restore Glass-Steagall Protections
Dear Member,
The over 200 consumer, employee, investor, community and civil rights groups who are member of Americans for Financial …

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 …

Press Release
CONTACT: Doug Gordon, (202) 822-5200 x237
LEADING FINANCIAL REFORM COALITION POSES QUESTIONS FOR FED CHIEF BERNANKE
Continued Bank Control of Regional Fed Banks Comes Under Fire
Will “Too Big to Fail” Taxpayer Bailouts of Reckless Big Banks …

Protesters rallied in front of Chase bank in Indianapolis on Thursday, Nov. 19 to demand the banks stop preying on the public with their excessive fees.
JP Morgan Chase is among the biggest of the “too …