Finance Reform Check-In

Thursday, June 10, 2010

A conference on financial reform legislation begins today, with member of both the House and the Congress. Contributor to's Big Money Heidi Moore talks about the state of the legislation, including what the recent primaries and upcoming elections could mean for financial reform.


Heidi Moore
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Comments [3]

Eugenia Renskoff from Brooklyn

I would want to have someone in government fight for the rights of us, the consumers, who got scammed out of our money when we bought a house. That, to me, is the most important thing about any financial reform. It should not be just so predatory lending, mortgage fraud and foreclosure will almost not happen ever again in the future. The people who suffered before should also be helped and seen. For all these years, I have felt invisible in my grief. If we were given our money back, then and only then would I believe in this reform. Eugenia Renskoff

Jun. 10 2010 02:00 PM

Argh! You just repeated the "statistic" that Meg Whitman spent $150K per vote, which is a miscalculation that one Twitter user accidentally made (and has since apologized for). Whitman spent $81 million and received 1.1 million votes. That's $74 per vote.

Jun. 10 2010 11:27 AM

Is there any consumer protection against runaway compounded interest (read: to prevent consumers from being charged interest when the amount due is clearly unpayable)?

Jun. 10 2010 11:12 AM

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