Seattle Protests Criticize Big Bank Bonuses
This week’s bonus actions are making the airwaves. Folks around the country are turning up to protest the huge bonuses going to top executives at the banks which sank our economy and are fighting hard against financial reform. The story below from Fox News is
New York Times Editorial: Even Bigger Than Too Big to Fail
This week, the New York Times editorilized about Citibank’s exit from the bailout program. Although this seems to be good news on the surface, they note that in fact, our financial system is creating ever bigger banks, rather than breaking them up so that none
Dec 14 Week of Action: Demand Wall Street Use $150 Billion to Help Families Recover
Wall Street Bonuses & Compensation For Just One Year Could Prevent All Foreclosures for Four Years, Solve All 50 State Budget Crises, and create millions of jobs. How Would You Spend $150 Billion? (click here to vote!) On the week of December 14th, in cities
CEOs Who Steered Economy Off a Cliff Received $28.9 Million Average Annual Salary, New Public Citizen Report Shows
For Immediate Release: Contact: Taylor Lincoln (202) 454-5197 Angela Bradbery (202) 588-7741 Public Citizen Calls for Reforms; More Than 20 Protests to Be Held Around Country WASHINGTON, D.C. – The CEOs of 10 Wall Street firms that either failed or received taxpayer bailouts were paid
Diane Rehm: New Rules for Wall Street
AFR coalition member Travis Plunkett of the Consumer Federation of America and Professor Michael Greenberger discussed the Wall Street Reform and Consumer Protection Act of 2009 on NPR today. Listen here. The House takes up the biggest overhaul of laws covering banks and financial institutions
House Advances Financial Reform, Consumer Financial Protection Agency — Major Step for American Families
FOR IMMEDIATE RELEASE DATE: December 11, 2009 House Advances Financial Reform, Consumer Financial Protection Agency A Major Step for American Families Washington, D.C. – Americans for Financial Reform released the following statement upon passage of H.R. 4173 “Wall Street Reform and Consumer Protection Act of
Bill Moyers Discussion on Financial Reform with AFR’s Heather Booth
The power of the people. Earlier this fall, the JOURNAL traveled to Chicago to check in with protestors outside the American Banking Association’s annual convention. This week, Bill Moyers spoke with veteran organizers Heather Booth, director of Americans for Financial Reform, and George Goehl, executive
Minnick Amendment Would Gut Financial Reform Package
For Immediate Release: Friday, December 11, 2009 AFR: Minnick Amendment Would Gut Financial Reform Package; House Must Defeat Big Banks Attempt To Undermine Reform Washington, DC – Americans for Financial Reform released the following statement on Congressman Walter Minnick’s amendment to HR 4173, “The Wall
Accidental Hunt Brothers: $344 Million Buys A Lot Of Loopholes
Cross posted from The Accidental Hunt Brothers December 10, 2009 by Adam The world financial system nearly melted down in 2008. This was a result of the interlocking web of exposures between major financial institutions caused by the unregulated and completely opaque over-the-counter (OTC) derivatives