Entries by GRCAdmin

Gov. Rauner’s announced agreement on swap payouts to Wall Street banks lack details

  October 4, 2016 Contacts: nathan@grassrootscollaborative.org Gov. Rauner’s announced agreement on swap payouts to Wall Street banks lack details Coalition of educators and human service providers skeptical, demand disclosure of agreement terms SPRINGFIELD, IL – This morning, Gov. Rauner reacted to Illinois educators and human service providers who had gathered for a press conference to […]

Rahm Avoids Criticizing ‘Absentee Fathers’ In Anti-Violence Speech

CITY HALL — Mayor Rahm Emanuel had been expected to talk about the role of parenting in preventing violence in his big speech Thursday, but aldermen and activists cautioned him about the “myth” of the absentee African-American father. In the end, Emanuel seemed to sidestep the issue in his speech on Thursday, and mentioned the word “parenting” […]

Legislators and Community Leaders Meet With SEC

CHICAGO, IL – On Friday, State Representative Andrade, Chicago Alderman Ramirez-Rosa, and community leaders met with Federal Securities and Exchange Commission Regional Director David A.Glockner, and asked that the SEC investigate predatory interest rate swap deals that have caused taxpayers to pay out billions of dollars to Wall Street banks.   “Right now we have […]

Community Leaders Tackle Downward Spiral of Gun Violence in Chicago

A staged funeral procession to Mount Sinai Hospital was one of several discussions that took place Tuesday to address the growing problem of gun violence in Chicago. “I lost a brother, sister, an uncle and two cousins to gun violence right here in this neighborhood,” said Rev. Robin Hood, Illinois Anti-Foreclosure Alliance There is no […]

Over 88,000 Petitioners Demand SEC Action on Toxic Swap Deals

On Thursday, Grassroots Collaborative joined with organizations across the country including Americans for Financial Reform, CREDO Action, Rootstrikers and the Center for Popular Democracy to deliver a petition in which more than 80,000 Americans asked the Securities and Exchange Commission (SEC) to investigate the toxic swap deals squeezing cities and states across the country. The […]