A very fancy protester lurked behind former Equifax CEO Richard Smith during his hearing before the Senate Banking Committee.
It's all about the fine print.
In 1995, a part-time actuary for the Alabama Insurance Department achieved what the insurance industry had been trying to accomplish in state legislatures nationwide for years.
We need her to keep talking.
Well ... there is a somewhat arcane but growing subsection of the arbitration phenomenon called "Christian Arbitration". It
Banks and payday lenders have had a good deal going for a while: They could break the law, trick their customers in illegal ways, and not have to face any consumer lawsuits.
In 1998, I founded the first consumer organization in the nation with an exclusive mission to halt and reverse the momentum
Anyone who believes that corporations should not be given the power to impose forced arbitration--which is rigged in their favor and against individuals--should urge their Members of Congress to support and pass the AFA.
If you've ever opened a credit card, rented a car or engaged in any number of other routine interactions with big corporations, you've probably had to sign away your right to go to court or band together in a class action with other customers.
The ability of large corporations and hugely wealthy people to control the mechanisms of American government has been established by the narrowest of margins. One vote can determine if they can have it all. Now you know why Charles Koch is shopping for a president.