Posts Tagged ‘Financial elites’
Submitted by Mary Bottari on February 2, 2010 Banksterusa.org
SPECIAL RECOGNITION FOR SIFMA’S TURN PITCHFORKS INTO PLOUGHSHARES CAMPAIGN
The Center for Media and Democracy and BanksterUSA are pleased to present our Golden Throne Award to T. Timothy Ryan Jr., President and CEO of the Securities Industries and Financial Markets Association (SIFMA). SIFMA is the leading behind-the-scenes lobby group representing big banks and investment firms, as well as broker-dealers and other peddlers of financial instruments, which Warren Buffett labeled “weapons of mass destruction.” SIFMA lobbies Congress and financial regulators, and handles securities-related press for some of the biggest players in the financial crisis–Goldman Sachs, Bank of America, AIG, Merrill Lynch, Citigroup, and Fidelity Investments.
The Golden Throne Award salutes the lobbyists and spinmeisters who have managed to hold off meaningful financial services reform since the Wall Street meltdown. Read the rest of this entry »