Major Community Organizations Launch Campaign to Clean Up Wall Street, Protect Your Pocketbook

(June 16, 2009)

Broad Coalition Will Battle Big Banking, Win Real Reform

– On Tuesday, June 16 at 11 a.m. a broad coalition of financial experts and advocates will host a press conference call to announce the launch of Americans for Financial Reform – a major campaign to reform our financial system and rebuild our economy.  Americans for Fairness in Lending is a member of the coalition launching the campaign.

“For too long the big banks have been making their own rules and gambling with your money. We’ve come together today to tell them those days are over,” said Heather Booth, director of the campaign. “The excesses of Wall Street have spilled over into our communities and now our communities are going repaying the favor by taking on the fight for real financial reform.”

Speakers on the call will discuss the campaign’s plans, policies and strategies, in Washington and across the nation.  If you are a member of the media and would like to participate in the call, please contact Lauren Weiner at 202-470-5870.

Jim Carr from the National Community Reinvestment Coalition will offer an overview of the Americans for Financial Reform coalition and plans to ensure oversight of Wall Street and protection for consumers. George Goehl from the National People’s Action will detail the grassroots support for significant reform. Prominent economist Rob Johnson will address the crucial need for rebuilding a strong, solid foundation for the entire economy. Additionally, David Certner from AARP will explain the impact this financial meltdown has had on seniors

WHAT:
Press conference call announcing the launch of Americans for Financial Reform to push real reform of the banking regulation of the entire financial system

WHO:
Heather Booth, Director, Americans for Financial Reform
Jim Carr, Chief Operating Officer, National Community Reinvestment Coalition
Dr. Rob Johnson, New Deal 2.0, Franklin and Eleanor Roosevelt Institute, previously with the Soros Fund Management and Chief Economist of the U.S. Senate Banking Committee
David Certner, Legislative counsel and policy director, AARP
George Goehl, Executive Director, National Training & Information Center, National People’s Action

WHEN:
Tuesday, June 16 at 11 a.m.