Category Archives: Letters and Statements

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AFR Urges Sen. Corker: Stand Up for Your Work

FOR IMMEDIATE RELEASE DATE: April 19, 2010 Campaign Urges Sen. Corker:  Stand Up for Your Work As Republican Leaders Attack Corker’s Wall Street Accountability Bill, Tennesseans Will Send Message to Stay Strong Washington DC – On the eve of the Senate battle over holding Wall

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AFR Statement on the Derivatives and Overall Banking Legislation

For Immediate Release April 19, 2010 AFR Statement on the Derivatives and Overall Banking Legislation Heather Booth, Director, Americans for Financial Reform: “A year-and-a-half since the reckless behavior of the Big Banks took our economy to the edge of the abyss and cost 8 million

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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