Category Archives: Statements and Press Releases

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April Fool’s Day Comes Early: Citi Bets on Next Financial Crisis

FOR IMMEDIATE RELEASE DATE: February 12, 2010 April Fool’s Day Comes Early: Citi Bets on Next Financial Crisis Washington, DC – Americans for Financial Reform points out Wall Street “innovation” at its finest: This week Citi announced plans to create “the first derivatives intended to

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Attorneys General Call for Consumer Financial Protection Agency

Attorneys General Tom Miller (IA), Lisa Madigan (IL), Richard Blumenthal (CT) and Richard Cordray (OH) addressed the importance of the U.S. Senate passing legislation to create a Consumer Financial Protection Agency on a press call on February 9, 2010. The Attorneys General discussed the need

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Big Banks Cash in on Unemployed

FOR IMMEDIATE RELEASE DATE: February 5, 2010 AFR: Big Banks Cash In On Unemployed Washington, DC – Americans for Financial Reform released the following statement on the practice of big banks, like Citi, Wells Fargo, JPMorgan Chase, and Bank of America, of fleecing the unemployed

AFL-CIO President Richard Trumka on Record Wall Street Bonusus

Statement by AFL-CIO President Richard Trumka on Record Wall Street Bonuses January 19, 2010 “Hard-working Americans will not be ATMs for Wall Street” Just a year ago, Wall Street banks pleaded for taxpayers to bail them out to save us all from financial disaster.  We

AFR Thanks Sen. Chris Dodd for His Leadership

FOR IMMEDIATE RELEASE CONTACT:  Lauren Weiner, 202-470-5870 DATE: January 6, 2010 AFR Hopes His Vision on Financial Regulatory Reform Will Carry Through Washington, DC – Americans for Financial Reform issued the following statement regarding Banking Committee Chairman Chris Dodd’s announcement that he will not run

AFR Joins Call for AIG to Come Clean with Emails, Accounting

DATE: December 21, 2009 Documents and Financial Models; Taxpayers Have A Right To Know Washington, D.C. – Following an op-ed in Saturday’s New York Times by former New York Governor Elliot Spitzer, Professor Frank Partnoy and Professor William Black, today, Americans for Financial Reform joined