“First, we have endorsed the creation of a single financial markets stability supervisor…Second, the industry strongly supports the administration’s proposal for a public-private partnership to absorb troubled assets…Third, it is clear the complexity of some financial instruments went too …Markets themselves have also imposed some much-needed discipline, declaring the end of complex and confusing products such as collateralised debt obligations squared….Finally, we firmly believe that there have been excesses on the compensation front….compensation should not encourage excessive risk-taking, but should promote business sustainability and be aligned with the best interests of shareholders, the financial system and the economy.”

Timothy Ryan, President and Chief Executive Officer. The Securities Industry and Financial Markets Association (Sifma). June 8, 2009

Recent Reports

Alliance for Economic Stability Investigates SEC Chairman’s Violations of President Obama’s Executive Order on Ethics. May 26, 2010 The Alliance for Economic Stability (AES) is investigating violations of President Obama’s executive order on ethics by the Securities and Exchange... Read more...
Mary Schapiro’s Conflicts of Interest and Multi-Million-Dollar Annual Compensation for Regulatory Work. May 26, 2010 SEC Chairman Mary Schapiro earned a multi-million-dollar salary performing regulatory work as a FINRA executive. From 2002 to 2008, Schapiro earned... Read more...
Congressional Hearings Called “menacing” to For-Profit Education. June 25, 2010 Today Senator Tom Harkin, Chairman of the U.S. Senate Committee on Health, Education, Labor and Pensions, will hold a hearing titled "Emerging Risk?... Read more...
Alliance for Economic Stability Announces Initiative to Address Abuse of Taxpayer Funds by For-Profit Education Companies. May 25, 2010 The Alliance for Economic Stability (“AES”) announces an initiative to address improved oversight of tax-payers’ funds provided to for-profit... Read more...

Main Issues

U.S. White House and Congressional Actions

AES monitors the U.S. Presidential and Congressional financial reform policies.  These include White House releases, and those of the U.S. Treasury and Federal Reserve Board, and the leaders of both houses of Congress engaged with forming legislation that affects financial regulation.

FINRA and the Financial Crisis

Click here to access a report analyzing the role played by the Financial Industry Regulatory Authority, Inc. (“FINRA”) in causing the global financial crisis. The report examines moral hazard issues inherent in FINRA’s structure that will allow future crises to occur unless Congress intercedes. The report use factual analysis of the actions of leaders of the Securities and Exchange Commission and FINRA to explempify their deficiencies and what needs to be done to protect people.

Financial Events Affect People and Their Salary

AES' economic advisors monitor global financial and economic trends that affect people's savings and futures.  These include housing affordability, inflation and real rates of returns for investments in savings instruments that are government guaranteed and the purchasing power of people's salaries and wages, the local cost of their needed energy and food, and health care.

List of Compatible Organizations

AES communicates and supports the activities of organizations that share the interest of AES' support group. These relationships provide AES and its supporters with opportunities to leverage resources and show the interest from different groups in issues under consideration by legislatures.

Read more...

Contribute Today

Your support allows AES to continue to conduct independent research and investigations of the Regulatory Systems that allowed for the economic crisis. Thank you for your contribution.

Amount:   USD

Who's Online

We have 3 guests online

Share with others