Selling over-the-counter derivatives is among the most lucrative businesses for the largest financial companies. U.S. commercial banks held derivatives with a notional value of $216.5 trillion at the end of the first quarter of this year, according to the Office of the Comptroller of the Currency. JPMorgan Chase & Co., Citigroup Inc., Bank of America Corp.,
WALL STREET REFORM POLLING MEMO See below a new polling memo from Benenson Strategy Group on the strong support for Wall Street Reform. TO: Interested Parties FROM: Joel Benenson RE: American Support for Wall Street Reform DATE: June 28, 2010 Americans show strong support for Wall Street reforms and believe that it is urgent that
June 27, 2010 United States House of Representatives Re: Support for Passage of the Dodd/Frank Reform Compromise Dear Representatives: Americans for Financial Reform applauds Congress, especially Chairman Dodd and Chairman Frank, for moving forward with such significant legislation reforming Wall Street and holding the big banks accountable. This Dodd-Frank Act represents meaningful progress from the
Compiled below is the text of the financial reform bill from THOMAS as of the morning of June 29, 2010. HR 4173 – Title I (Financial Stability) HR 4173 – Title II (ORDERLY LIQUIDATION AUTHORITY) HR 4173 – Title III (TRANSFER OF POWERS TO THE COMPTROLLER OF THE CURRENCY, THE CORPORATION, AND THE BOARD OF
June 27, 2010 United States House of Representatives Re: Support for Passage of the Dodd/Frank Reform Compromise Dear Representatives: Americans for Financial Reform applauds Congress, especially Chairman Dodd and Chairman Frank, for moving forward with such significant legislation reforming Wall Street and holding the big banks accountable. This Dodd-Frank Act represents meaningful progress from the
June 27, 2010 United States House of Representatives Washington, DC 20515 Re: Support for Passage of the Dodd/Frank Reform Compromise Dear Representatives: Americans for Financial Reform applauds Congress, especially Chairman Dodd and Chairman Frank, for moving forward with such significant legislation reforming Wall Street and holding the big banks accountable. This Dodd-Frank Act represents meaningful