AFR Director Heather Booth has a new column on the Huffinton Post exposing Frank Luntz’s lies about financial reform. Here’s an excerpt from her post: Seen this ad from the “Committee for Truth in Politics”? If the name weren’t comical enough, the visuals are. But that doesn’t mean we shouldn’t take the message seriously. The
Heather Booth, the Executive Director of Americans for Financial Reform, is now blogging on the Huffington Post. Click here to read her profile and subscribe to her blog. This week, she’s talking about the link between unemployment and the need for financial reform, especially given the huge bonuses that the big banks CEOs have rewarded
John Taylor, President & CEO of the National Community Reinvestment Coalition (NCRC), discussed the next wave of AIG bonuses on Fox Business News. In response to another guest’s hemming and hawing about what is appropriate compensation and how a salary is defined, John really made it plain: “I think most of us can define a
McClatchey News Service is distributing this op-ed by AFR’s ally Holly Sklar of Business for Shared Prosperity. Here is an excerpt, courtesy of the Lexington Herald-Leader: The Scrooges of Wall Street were surprised a year ago by visits from the Ghosts of Christmas Past, Present and Future. The Ghost of Christmas Past took them back
The New Republic published this article detailing how Members of Congress have shifted their thinking on derivatives – and for once, the shift benefits Main Street rather than Wall Street. The article cites pressure from Americans for Financial Reform as one of the reasons for this positive change. But, it also cautions that the fight
By Michaelangelo Conte/The Jersey Journal November 06, 2009, 4:00PM Members of New Jersey Citizen Action picketed in Jersey City outside the Exchange Place offices of AIG today protesting bonuses already paid and those promised to workers at the company that was central to the financial industry meltdown. “We urge AIG to stop paying bonuses and