The Detroit News published this insightful editorial by professor John A.E. Pottow. He tries to uncover the Chamber of Commerce’s opposition to the CFPA, and discovers: “This group fears that meaningful government oversight will make it impossible to sandbag consumers who can’t really compare price
Despite unleashing havoc on the global economy, Wall Street is on track to pay out an all-time record in bonuses and compensation this year. The nation’s six largest banks alone – Goldman Sachs, JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, and Morgan Stanley –
This Bloomberg article reports that Goldman Sachs is is creating derivatives trades that would benefit from the bankruptcy of a trucking company. Here’s an excerpt: Dec. 17 (Bloomberg) — International Brotherhood of Teamsters President James Hoffa said Goldman Sachs Group Inc. is creating derivatives trades
Email bonusballots@ourfinancialsecurity.org for more details about any of these events. Please note which city’s events you are inquiring about. Hope to see you there! Austin, Texas: Thursday, Dec 17, noon at 15th and Guadalupe in front of Wells Fargo. Contact Andy Wilson for more details:
Americans for Financial Reform supported H.R. 4173, the Wall Street Reform and Consumer Protection Act of 2009, which will provide much-needed financial regulations and calls for the creation of a Consumer Financial Protection Agency. Read our statement about the bill here. The Act passed by
This week’s actions are being covered by the blogosphere. Folks around the country are turning up to protest abusive financial products like payday loans, and the huge bonuses going to executives at big banks which caused our financial meltdown. This story from Progress Illinois is
This week’s protests are making the airwaves. Folks around the country are turning up to protest abusive financial products like usurious payday loans. This story from ABC News Springfield IL is an example. Click here to find a protest in your area!
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 KOMO News Seattle
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. This story from the Christian Post is
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. This story from ABC News is an