Wall Street
Obama put[s] the U.S. government solidly back on the side of the middle class
Washington, DC — Today, President Obama signed the landmark Wall Street Reform and Consumer Protection Act of 2010. The Director of Demos' Washington, DC Office, Heather C. McGhee, and Demos' Federal...
08/10/2011
Press Release
Today We Start Rebuilding the American Middle Class
Washington, DC — Today the US Senate passed an historic financial reform bill, the Wall Street Reform and Consumer Protection Act, reigning in some of the most egregious practices of banking industry that led to the recent financial meltdown...
08/10/2011
Press Release
Having lost more than 143,000 jobs since the financial industry set off the Great Recession in 2008, Massachusetts's economy and its middle class depend more than ever on the health of our small businesses. Yet the engine of a thriving small business economy — affordable credit — has stalled...
07/11/2011
Publication
For far too long, brokers have been selling their older clients complex investments known as structured products. These products are so risky, and so costly in fees, that some of them are almost sure money losers. They entered retirement portfolios like Trojan horses, and then destroyed people’s...
05/17/2011
Publication
New York, NY – 'Shadow Market' investment products have come under scrutiny following the banking meltdown, but they continue to be aggressively marketed to clients who can least afford the potentially catastrophic losses. Millions of American seniors could see their golden years turn bleak if the...
05/17/2011
Press Release
Maine can put deposits of state tax revenue to use in ways that tilt the economic playing field back toward Main Street businesses, our community banks, and long-term job growth. A Maine Street Economic Development Bank—like the successful Bank of North Dakota—will generate new revenue for Maine,...
05/03/2011
Publication
How Main Street Partnership Banks Can Improve Local Economies
04/21/2011
Data Byte
Across the country, states are considering proposals to move general revenue deposits out of the Wall Street banks that dominate the banking business today, and use them to capitalize a new local public structure with a mission to grow the local economy. A “Main Street Partnership Bank” would be...
04/21/2011
Publication
Washington can put deposits of state tax revenue to use in ways that tilt the economic playing field back toward Main Street businesses and our community banks, local infrastructure investments and long-term job growth. A Washington Investment Trust—like the successful Bank of North Dakota—will...
04/14/2011
Publication
Summary
Hawaii can put deposits of our state tax revenue to use in ways that create local jobs by tilting the economic playing field back toward our neighborhood businesses and state-chartered and community banks. A Hawaii Partnership Bank—like the successful Bank of North Dakota—will generate new...
04/05/2011
Publication
