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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

Watch AFR’s John Taylor on Fox Business News

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

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AFR to Senator Dodd: Support Strong Reforms

February 1, 2010 The Honorable Christopher Dodd Chairman Senate Committee on Banking, Housing and Urban Affairs 534 Dirksen Senate Office Building Washington, D.C.  20510 Dear Senator Dodd: We are writing today to convey our strong support for comprehensive regulatory reform, and to reaffirm our view

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U.S. Lawmaker to Push For Crackdown on Speculation

Americans for Financial Reform was mentioned in this New York Times Dealbook article about Senator Cantwell’s support for greater regulation of futures markets and derivatives.  From the article: A key U.S. lawmaker is set to join forces with several business groups on Wednesday to call