Roll Call: Coalition Battles Banking Lobby
Unions, Activists Unite on Reforms By Anna Palmer Roll Call Staff Nov. 4, 2009, 12 a.m. Watch out, banking lobbyists. Americans for Financial Reform believes it has your number.
Letter to Chairman Frank in Support of Waters-Peters Amendment
On November 3, 2009, this letter was sent from public pension funds to House Financial Services Committee Chairman Barney Frank in support of the Waters-Peters Amendment to the Investor Protection Act of 2009. Click here for the letter.
Vote No on Revised Adler Amendment
November 3, 2009 Don’t Be Fooled: Revised Adler SOX 404 Amendment Is Bad for Investors and Bad for the Economy Dear House Financial Services Committee Member: We understand that Congressman Adler plans to offer a revised amendment to weaken protections against accounting fraud at smaller
Abusive Lending Practices by Smaller Banks and Thrifts
Download this information as a PDF. Provided by the Consumer Federation of America Over the years, many smaller banks and thrifts have adopted responsible, fair and sustainable mortgage lending practices. Small banks and thrifts that offer trustworthy credit and payment products should face a lower
Investor Protection Under Attack in Investor Protection Act Amendments
Dear House Financial Services Committee Member: As you continue consideration of the Investor Protection Act this week, decisions you make on pending roll call votes will determine whether this legislation lives up to its name. Unfortunately, several of the bill’s central provisions have already been
CNN: Are ‘Too Big To Fail’ Powers Just Too Big?
By Jennifer Liberto. Excerpt: WASHINGTON (CNNMoney.com) — As Congress starts debating how to deal with financial firms deemed “too big too fail,” some lawmakers and advocates are worried about giving the executive branch expansive new powers over the financial sector. “Mr. Secretary, I’m not a
Bloomberg: Bankers Expect Rising Bonus Pay to Break Records in Global Poll
Oct. 30 (Bloomberg) — In Washington and on Main Street, politicians and voters are railing against Wall Street’s multi- million-dollar pay packages. In the financial world, most executives expect their bonuses to match or exceed last year’s, with 1 in 10 predicting their best-ever payout.
TIME: What’s Still Wrong with Wall Street
Are you furious? If not, you should be. The giant financial institutions that make up Wall Street have been bailed out, thanks to trillions of dollars of our money, and are on track to hand out record-breaking multibillion-dollar bonuses while millions of regular folks are
All Tricks, No Treats
The banks are going door-to-door but only handing out tricks — no treats. Banks are spending MILLIONS to defeat good financial reform that would prevent a future meltdown and help everyday people. Enough is Enough!
AFR Encouraged As the Consumer Financial Protection Agency Passes Next Challenge
DATE: October 30, 2009 AFR Encouraged As the Consumer Financial Protection Agency Passes Next Challenge Efforts to Weaken the Agency Defeated Washington, DC – Americans for Financial Reform released the following statement following on the passage of the Consumer Financial Protection Agency by a second