U.S. House of Representatives Washington, D.C. 20515 December 7, 2009 Re: Support Rep. Inslee’s Amendment to limit Firm Liabilities to 2% of the GDP Dear Member, The over 200 consumer, employee, investor, community and civil rights groups who are member of Americans for Financial Reform
United States House of Representatives Washington, D.C. 20515 December 7, 2009 Re: Support the Hinchey-Inslee-Conyers-DeFazio-Tierney Amendment to restore Glass-Steagall Protections Dear Member, The over 200 consumer, employee, investor, community and civil rights groups who are member of Americans for Financial Reform write you today to
When a financial institution fails, only insured depositors should be rescued by the government. Bailouts for other parties, such as shareholders and bond holders, are an unacceptable use of the public treasury to rescue private risk-takers, functioning as little more than wealth transfers from poor
Press Release CONTACT: Doug Gordon, (202) 822-5200 x237 LEADING FINANCIAL REFORM COALITION POSES QUESTIONS FOR FED CHIEF BERNANKE Continued Bank Control of Regional Fed Banks Comes Under Fire Will “Too Big to Fail” Taxpayer Bailouts of Reckless Big Banks Remain Policy? Americans for Financial Reform
Protesters rallied in front of Chase bank in Indianapolis on Thursday, Nov. 19 to demand the banks stop preying on the public with their excessive fees. JP Morgan Chase is among the biggest of the “too big to fail” financial institutions who were bailed out
House Financial Services Committee 2129 Rayburn House Office Building Washington, D.C. 20515 November 17, 2009 Dear Chairman Frank, Ranking Member Bachus, and Members of the Committee, As members of Americans for Financial Reform, a coalition of nearly 200 consumer, employee, investor, community and civil rights
Powers must be given to a fully public body, and one that is able to benefit from the information and perspective of the routine regulators of the financial system (excerpt from Pres. Trumka’s testimony) DATE: October 30, 2009 AFR: “Too Big To Fail” Legislation Needs