What exactly is going on with the economy? Stocks are up and big bonuses are back, but while they’re throwing parties on Wall Street, there’s pain on Main Street. One out of every six workers is unemployed or underemployed, according to government statistics – the
National Mobilization Continues to Demand End to Multi-Billion Dollar Bonuses at Bailed Out Banks and the Too Big To Fail Doctrine Calls for Congressional Action Now Washington, DC: National People’s Action and Service Employees International Union (SEIU) organized hundreds of taxpayers to converge on the
On Tuesday November 17, Damon Silvers of the AFL-CIO will debate Ed Yingling of the American Bankers Association about how best to reform America’s financial system. The event will be hosted by the Aspen Institute: Moderated by President and CEO of the Aspen Institute, Walter
Chicago Showdown It was a Showdown in Chicago! Organized by National People’s Action, Service Employees International Union (SEIU), and a coalition of organizations from across the nation, thousands of people fed-up with outrageous bank fees, sky-rocketing credit card interest rates, and a shameful national foreclosure
DATE: November 10, 2009 Heather Booth, Director, Americans for Financial Reform: “Americans for Financial Reform (AFR), and our over 200 coalition partners, thank Senator Cantwell for introducing legislation today to close the derivatives loophole. Senator Cantwell calls the derivatives “a sophisticated form of gambling,” with
Chairman Dodd introduces legislation that sets us on a path to rein in Wall Street, put in protections for Main Street and work to ensure the big banks can not bring our economy to brink of collapse again DATE: November 10, 2009 AFR Applauds Chairman
By NICOLE GAUDIANO • News Journal Washington Bureau • November 5, 2009 WASHINGTON — Rep. Mike Castle tried but failed Wednesday to put the brakes on consumer-friendly credit card reforms that most House members thought should be enforced sooner than originally planned.
By Michaelangelo Conte/The Jersey Journal November 06, 2009, 4:00PM Members of New Jersey Citizen Action picketed in Jersey City outside the Exchange Place offices of AIG today protesting bonuses already paid and those promised to workers at the company that was central to the financial
The financial crisis has affected us all — but some groups have been hurt more than others. Find out more by reading these brief reports and learn how a comprehensive regulatory system will promote financial stability and protect all of us from unfair practices that
Watch now! You want credit reform? Try this credit reform, now with amazing mandatory offers and a credit company protection plan! Mark Fiore created this animation. The Wall Street Journal dubbed him “the undisputed guru of the form.” He creates political animation from an undisclosed