CNBC: Bonus Watch
Banks are bracing for outrage, not just from the public but from their employees as well. Dan Pedrotty of the AFL-CIO shares insight in this video.
Here’s Your Chance to Ask a Banker
Bill Thomas, the Commissioner of the Financial Crisis Inquiry Commission (FCIC) today invited the public to send him any and all questions they have about the financial crisis. Thomas said that the bankers will have to answer all questions even if they are trivial,
Why We Need a Consumer Watchdog: The Video
The Center for Responsible Lending shows why a Consumer Financial Protection Agency (CFPA) is “priceless” in this video.
AFR to Big Wall Street Banks: Come Clean Before Angelides Commission
FOR IMMEDIATE RELEASE DATE: January 13, 2010 Washington, DC – As the Financial Crisis Inquiry Commission kicks off its first public hearing today, Americans for Financial Reform calls on big banks to not only justify their reckless behavior but also explain why they are working
Watch Bank of America Negotiate with Homeowners
Tomorrow evening, PICO faith leaders will take a big step forward to hold big banks accountable to our communities. PICO leaders from across the country will travel to Antioch Family Church in Antioch, CA to participate in the nation’s first negotiation session since the financial
Move Your Money!
Financial reform activists from around the nation are fueling a new campaign that encourages consumers to “Move Your Money” from the big bailed-out banks to small local banks. Your accounts with the big Wall Street banks are unwittingly helping to fund the fight against reform.
Financial Times: CFTC head blames OTC derivatives for crisis
The Financial Times recently published this article about the role of derivatives in the current economic crisis. The report focuses on Gary Gensler, Chairman of the Commodity Futures Trading Commission and his recent statement that over-the-counter derivatives “were at the heart and not a side
Boston Globe article on Dodd’s retirement, financial reform
The Boston Globe published this article about Senator Dodd’s retirement announcement and the way it will affect financial reform. The full article is available here, and the quote about Americans for Financial Reform is copied below. “The best way to protect consumers is to have
Enter the Dangers of Debt Image Contest
Our good friends at Consumers Union have started yet another cool contest. This time, they’re asking you to submit any image which somehow speaks to the dangers of debt. The winner gets a one year subscription to Consumer Reports Online AND $1,000! Three runners up
Why the CFPA Will Benefit You
Read our fact sheets about how the CFPA will benefit African Americans, Asian Americans and Pacific Islanders, Children and Families, Latinos (available in English and Spanish), Rural Americans, Seniors, Women, and Young Americans. African Americans (PDF) Asian Americans and Pacific Islanders (PDF) Children and Families