Monthly Archives: January 2010

Here’s Your Chance to Ask a Banker

Bill Thomas, the Commissioner of the Financial Crisis Inquiry Commission (FCIC) today invited the public to send him any and all questions they have about the financial crisis.   Thomas said that the bankers will have to answer all questions even if they are trivial,

Watch Bank of America Negotiate with Homeowners

Tomorrow evening, PICO faith leaders will take a big step forward to hold big banks accountable to our communities. PICO leaders from across the country will travel to Antioch Family Church in Antioch, CA to participate in the nation’s first negotiation session since the financial

Move Your Money!

Financial reform activists from around the nation are fueling a new campaign that encourages consumers to “Move Your Money” from the big bailed-out banks to small local banks. Your accounts with the big Wall Street banks are unwittingly helping to fund the fight against reform. 

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Financial Times: CFTC head blames OTC derivatives for crisis

The Financial Times recently published this article about the role of derivatives in the current economic crisis.  The report focuses on Gary Gensler, Chairman of the Commodity Futures Trading Commission and his recent statement that over-the-counter derivatives “were at the heart and not a side

Enter the Dangers of Debt Image Contest

Our good friends at Consumers Union have started yet another cool contest.  This time, they’re asking you to submit any image which somehow speaks to the dangers of debt.  The winner gets a one year subscription to Consumer Reports Online AND $1,000!  Three runners up

Why the CFPA Will Benefit You

Read our fact sheets about how the CFPA will benefit African Americans, Asian Americans and Pacific Islanders, Children and Families, Latinos (available in English and Spanish), Rural Americans, Seniors, Women, and Young Americans. African Americans (PDF) Asian Americans and Pacific Islanders (PDF) Children and Families