Category Archives: Letters and Statements

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AFR Response to the S.E.C. Charging Goldman Sachs with Fraud

For Immediate Release April 16, 2010 Washington, DC – Americans for Financial Reform issued the following statement regarding the S.E.C. suit accusing Goldman Sachs of fraud on mortgage deals. Heather Booth, Director, Americans for Financial Reform: “The SEC investigation into Goldman Sachs is a major event

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Fact Check: Big Banks Must Pay Up

FOR IMMEDIATE RELEASE The so-called $50 billion “bailout slush fund” would force big banks to pay not taxpayers Washington, DC – Americans for Financial Reform denounces the misstatements by opponents of reform – including Senators Shelby and DeMint – that have been spreading surrounding a measure in the Senate financial

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AFR Calls For Increased Resources To Tackle Financial Crimes

For Immediate Release March 31, 2010 Washington, DC – Americans for Financial Reform, a coalition of over 200 groups, called upon Congress to support the “Financial Crisis of 2008 Criminal Investigation and Prosecution Act of 2009” authored by Congresswoman Marcy Kaptur (D-OH). The bill is

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Bonus Bonanza Needs to Be Reined In

“The big money is back on Wall Street” – New York Times, 2/23/10 Advocates Take to the Web to Weigh in to Restrain Banks from Rewarding Risky Behavior Washington, DC – In light of Chairman Barney Frank’s hearing today on the outrageous compensation packages that

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AFR Calls on Senate to Maintain Strong Corporate Governance Reforms

For immediate release February 24, 2010 AFR Calls on Senate to Maintain Strong Corporate Governance Reforms Says Board Failures a Key Factor in Financial Meltdown; Questions Credibility of U.S. Chamber of Commerce-led Opposition WASHINGTON, D.C. – With the U.S. Senate poised to move forward on

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AFR to the Senate: Investors Deserve Real Protection

Americans for Financial Reform sent the following letter to members of the Senate Banking Committee, urging them to create real protections for investors: February 16, 2010 Dear Chairman Dodd, Ranking Member Shelby and members of the Committee: As you know, legislative language is currently being

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AFR: Senator Dodd Makes Right Call to Move Forward

FOR IMMEDIATE RELEASE DATE: February 5, 2010 AFR: Dodd Makes Right Call To Move Forward Dodd’s Leadership Means Accountability for Wall St is Within Reach Washington, DC – Americans for Financial Reform released the following statement regarding Senate Banking Chairman Chris Dodd’s decision to move