The National Community Reinvestment Coalition, A New Way Forward and Campaign for America’s Future are pleased to invite you to a roundtable discussion titled: Beyond Bailouts: Strategies to Achieve a Safe and Sound Financial System for America. The event will be held at the Rayburn House Office Building in Washington, DC, to present to policymakers and the media about the need for strong financial regulatory reform.

Please RSVP at: http://salsa.democracyinaction.org/o/2249/event/index.jsp?event_KEY=49994

Who:           
Simon Johnson, MIT economist
John Taylor, National Community Reinvestment Coalition
Mike Lux, Author of Progressive Revolution, Open Left blogger
Nancy Cleeland, Economic Policy Institute (Moderator)
*Members of Congress have been invited to participate.          
 
When: 9:00 – 10:30 AM, June 11.
Where: 2168 Rayburn House Office Building (Gold Room)

Event description:
In daily headlines, the contribution of financial institutions to the continued recession has been a hot topic. Billions of dollars have flowed to financial institutions without significant restrictions on how the money is used, or a requirement that the institutions serve a greater public purpose. And so far, most measures to expand accountability and oversight of financial institutions have stalled, prompting one US Senator to assert of Congress that the banks “own the place.”

At events around the country this June, community organizers are meeting with public officials to discuss the causes and potential solutions to the financial crisis. The meetings are organized by the National Community Reinvestment Coalition (NCRC) and A New Way Forward (ANWF) to bring together community stakeholders to discuss what needs to be done to expand the ability of governments and communities’ to hold financial companies more accountable, to build an organized public around a democratic process for financial sector reform and to ensure safe and sound lending in all communities.