Mary Bottari of BanksterUSA.org dissects Goldman Sachs’ actions in this column on the Huffington Post. Here is an excerpt: It’s really unbelievable. The way that Goldman Sachs keeps sticking its foot in it is simply unbelievable. Let’s not review their unbelievable bonus pool or their
The News Observer reports that the NC Secretary of State, Elaine Marshall, dropped off a petition with 2,500 signatures supporting financial reforms to the office of Republican Senator Richard Burr. Marshall will be running against Burr this fall. Here is an excerpt from their report:
Senator Tester (D-MT) has already spoken out against recent misleading ads about financial reform and the Consumer Financial Protection Agency, and now he’s followed up his previous interview with a letter to the “Committee for Truth and Politics”. Here are some excerpts from the accompanying
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
Recently, AFR partners at the Council of Institutional Investors and Investors Working Group sent these letters regarding derivative reform to the Senate. The letters focus on the failures of the current regulators and the need for comprehensive reform legislation. Click here for the letter from
Heather Booth, AFR’s Executive Director, was quoted in this Washington Post article. Here is an excerpt: Heather Booth, executive director of Americans for Financial Reform, said that the advocacy campaign has reached a critical moment and that more such efforts are on the way. She
For Valentine’s Day, The Public Breaks Up With the Big Banks in a Boycott and Outreach Movement This Valentine’s Day is the perfect time to end your abusive relationship with the big banks that have a stranglehold on our country. They’ve been lying, gambling, cheating
The Huffington Post is focusing on small business support for the CFPA this week. Read their piece here. An effective CFPA would protect small businesses from deceptive loans and ensure them a steady flow of quality credit. If you are a business person or investor
The Helena Independent Register reports that Senator Jon Tester (D, MT) refutes misleading ads claiming that the financial reform bill is a bank “bailout.” Here is an excerpt: A little-known political group with links to conservative and Republican Party figures is urging Montanans to oppose
More than 50 charities are supporting a British campaign to levy a tax on transactions between financial institutions, which can be used to help fight poverty, protect public services and tackle climate change. The 0.05% “Robin Hood” tax on financial trades could raise $700bn for