Session Type(s): Panel
Starts: Thursday, Jul. 16 12:00 PM (Eastern)
Ends: Thursday, Jul. 16 1:15 PM (Eastern)
The GOP majority in Congress have made no secret of their hostility toward financial reform and their desire to dismantle the key reforms implemented by Dodd-Frank. With a GOP Senate majority and big margins in the House there is a very real chance the safeguards passed after the financial crisis of 2008 will be destroyed altogether. To prevent another financial meltdown, and the possibility of needing another taxpayer bailout of the banking system, progressives should be fighting loudly and boldly to protect Dodd-Frank.
Lisa has worked closely with Los Angeles City Council Members who have been examining the possible mis-selling of interest rate swaps in 2006 to the City on its Wastewater System bond deal. Lisa has also played a critical role in the campaign to Fix LA–performing research documenting that last year, the City of Los Angeles paid over $340 million in fees alone to Wall Street.
Prior to her employment with SEIU, Lisa worked for over 5 years for two of the largest committees in the U.S. House of Representatives–Energy and Commerce and Oversight and Government Reform. As a congressional investigator, Lisa developed and coordinated Committee action and strategy regarding over 50 investigations and 30 hearings on a variety of issues including the largest oil spill in American history; billions in Recovery Act spending on green energy programs; and the Federal bailout of financial institutions such as AIG.
Lisa Donner is the Executive Director of Americans for Financial Reform.
Before this she led the Half in Ten campaign, a coalition antipoverty project; was the co-director of the Center for Working Families, where she developed and promoted policy on fair taxes, work and family, and green jobs; organized against big banks and predatory lenders at ACORN; and was a union organizer with SEIU
Wallace Turbeville is a senior fellow at Demos, a national non-partisan think tank and serves as Advisor to the UN Environment Programme Inquiry on Finance and Sustainability. He practiced law for seven years before joining Goldman, Sachs & Co. in 1985 as an investment banker. In his twelve years at Goldman, he specialized in infrastructure finance and public/private partnerships. From 1990 through 1996, he was posted to London office where he was co-head of the Investment Banking Structured Finance Group.
Mr. Turbeville developed an innovative business for management of credit exposures in derivatives transactions, spun off in late 2002.
After leaving the business sector, he served as Visiting Scholar at the Roosevelt Institute and authored nearly 30 articles concerning financial reform, energy, the environment and political opinion.
Mr. Turbeville has authored dozens of comment letters relating to financial regulation rules and testified before several Congressional committees.