The Washington Post published this commentary from Susan Weinstock of the Consumer Federation of America. Here is an excerpt: By Susan K. Weinstock Monday, June 14, 2010 Contrary to the commentary by auto dealer Tammy Darvish [“A fight on the front lines of the auto
BanksterUSA.org explains why we need strong language to rein in the derivatives market: Reckless swaps and derivatives trading played a critical role in the financial crisis, inflating the domestic housing bubble and turning it into a global economic catastrophe. As the House and Senate conference committee begins
AFR recently helped host a press conference call with Robert Stiglitz and other experts regarding the need to reform big banks’ deceptive practices. The call, which you can read about and listen to here, has been mentioned in multiple media sources including the ones listed
Nobel Prize winning economist Joseph Stiglitz writes in Politico about the upcoming Conference Committee between the House and Senate. He writes: The future of improved financial regulations depends largely on how the differences between the House and Senate bills are resolved. If the strongest provisions
U.S. PIRG has graded Senators on their votes on financial reform. Click here to find out how yours stack up! From their press release: “Looking at how a Senator votes on one final passage vote isn’t enough,” said Ed Mierzwinski, Consumer Program Director for U.S.
Editorial Roundup Shows Opponents of Reform are on the Wrong Side Cleaning up Wall Street: Las Vegas Sun Editorial, May 25: “It is notable that Republicans continue to raise a fuss about the legislation… [Their] comments are also disingenuous. There is no government takeover. Nor is
Professor Elizabeth Warren discusses proposed regulatory reform with Stephen Colbert. (The last five seconds are particularly insightful.) The Colbert Report Mon – Thurs 11:30pm / 10:30c Elizabeth Warren www.colbertnation.com Colbert Report Full Episodes Political Humor Fox News
USA Today reports: WASHINGTON — Payday lenders have stepped up their federal lobbying as Congress works on sweeping legislation to regulate banks and protect consumers from the risky financial practices blamed for the economic crisis. The Community Financial Services Association, which represents more than half
While the rest of us struggle to deal with lost savings, homes and jobs – armies of Wall Street lobbyists are spending millions to kill financial reform in Congress. But after losing so much to Wall Street’s risky excess, American seniors are depending on us to
Students organize opposition: Group plans protest, petition against JPMorgan CEO Jamie Dimon The Syracuse Daily Orange reports that students have begun to organize to oppose upcoming commencement speaker Jamie Dimon. The paper states: About 30 students gathered in Schine Student Center’s Panasci Lounge on Wednesday