Issue Position: Financial Reform

Issue Position

Date: Jan. 1, 2012

Financial Reform

Prohibit any bank or financial institution from being "too big to fail."

Increase the penalties and establish mandatory prison time for executives and board members who defraud their clients or the government.

Severely restrict stock investment activities of all banks.

Require any institution that accepts public funding to suspend all executive bonuses.

Prohibit the Federal Reserve from providing loans of any kind to a financial institution without full public notice and Congressional approval.

Require all public loans to financial institutions be repaid with an interest rate at or above the market rate.


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