Reckless Wall Street derivatives trading helped collapse the economy, costing Americans 8 million lost jobs and 14 trillion in lost savings and wealth. In 2008, excessive speculation created price bubbles in food and energy prices which led to $4 gasoline in the U.S. and over 130 million people around the world went hungry.
The Dodd-Frank Wall Street reform bill cracks down on the speculators and high rollers, bringing transparency to dark markets and forcing the big banks to put up real money behind their bets. Now the Wall Street lobbyists are working feverishly behind the scenes to punch a number of loopholes into the law during the agency rulemaking process.
Let regulators know you are watching. Send the letter below and tell them to say “no” to the big banks and their billion-dollar loopholes!