For Immediate Release: Contact: Taylor Lincoln (202) 454-5197 Angela Bradbery (202) 588-7741 Public Citizen Calls for Reforms; More Than 20 Protests to Be Held Around Country WASHINGTON, D.C. – The CEOs of 10 Wall Street firms that either failed or received taxpayer bailouts were paid
The power of the people. Earlier this fall, the JOURNAL traveled to Chicago to check in with protestors outside the American Banking Association’s annual convention. This week, Bill Moyers spoke with veteran organizers Heather Booth, director of Americans for Financial Reform, and George Goehl, executive
Download this testimony as a PDF. Chairman Lincoln, Ranking Member Chambliss, and Members of the Committee, thank you for inviting me to testify before you today. The American people clearly sense that there is something deeply flawed in the current structure of our financial markets
Support Strong Derivatives Regulation Congress cannot protect the U.S. financial system without acting to regulate over-the-counter derivatives, which brought down AIG at a cost of $134 billion to taxpayers. The five biggest banks dominate the derivatives market and want to maintain the status quo, since