By Michaelangelo Conte/The Jersey Journal November 06, 2009, 4:00PM Members of New Jersey Citizen Action picketed in Jersey City outside the Exchange Place offices of AIG today protesting bonuses already paid and those promised to workers at the company that was central to the financial
The financial crisis has affected us all — but some groups have been hurt more than others. Find out more by reading these brief reports and learn how a comprehensive regulatory system will promote financial stability and protect all of us from unfair practices that
Watch now! You want credit reform? Try this credit reform, now with amazing mandatory offers and a credit company protection plan! Mark Fiore created this animation. The Wall Street Journal dubbed him “the undisputed guru of the form.” He creates political animation from an undisclosed
WASHINGTON – Using taxpayer funds to keep out-of-work homeowners in their homes until they find another job is an option being looked at by some officials in the Obama administration, according to people familiar with government financial-rescue programs.
Consumer Federation of America and Americans for Financial Reform Decry House Financial Services Committee Vote to Weaken Post-Enron Fraud Protections WASHINGTON, Nov. 4, 2009 –Today, Americans for Financial Reform and Consumer Federation of America released the following statement in response to the House Financial Services
The New York Times ran this prescient editorial in yesterday’s paper. Here’s an excerpt: Another day, another test of Congress’s will to reform the financial system. The Investor Protection Act of 2009, which faces final votes on Wednesday in the House Financial Services Committee, would
Forty Attorneys General sent this letter (PDF) to Congress regarding the Consumer Financial Protection Agency. The AGs argued that the CFPA should not limit the states’ role in consumer protection. Excerpt: Rather than limiting the states’ role in consumer financial protection as some have advocated,
Unions, Activists Unite on Reforms By Anna Palmer Roll Call Staff Nov. 4, 2009, 12 a.m. Watch out, banking lobbyists. Americans for Financial Reform believes it has your number.
On November 3, 2009, this letter was sent from public pension funds to House Financial Services Committee Chairman Barney Frank in support of the Waters-Peters Amendment to the Investor Protection Act of 2009. Click here for the letter.
November 3, 2009 Don’t Be Fooled: Revised Adler SOX 404 Amendment Is Bad for Investors and Bad for the Economy Dear House Financial Services Committee Member: We understand that Congressman Adler plans to offer a revised amendment to weaken protections against accounting fraud at smaller