Stop Too Big to Fail Invites Reporters to Learn About Ad Prior to Air-Date

WASHINGTON--(BUSINESS WIRE)-- Please join Stop Too Big to Fail (STBTF), a small investor coalition that supports real financial reform by addressing the problem of too big to fail institutions, for a media teleconference on Friday, April 16 to learn about the soon-to-be-released television ads urging small investors to remain skeptical of the current financial reform bill.

“Small investors must be aware of the financial reform legislation introduced by Senator Chris Dodd (D-CT). This legislation imposes a $50 billion bailout fund will leave small investors responsible for bailing out big banks – a job that small investors are unwilling to accept,” said Sam Zamarripa, Stop Too Big to Fail spokesperson and former Georgia State Senator. “Senators must realize that until the U.S. Congress recognizes that too big to fail banks are too big to exist, the financial reform package will be detrimental to current and future generations of small investors.”

Stop Too Big to Fail urges Members of Congress to realize that small investors do not support another bailout – especially at their expense. Arguing that big banks need more money to stay afloat and that no one bothered to bail out small investors during the last recession, STBTF’s ad states, “now Congress is considering so-called ‘financial reform’ legislation which would authorize even more bailouts for big banks – paid for by hidden taxes on our pensions, retirement accounts and savings.”

Warning constituents to “vote against this phony ‘financial reform,’” the ad encourages individuals to contact their senators to express their disappointment in the financial reform bill and urge them to vote “no” on the legislation. The ad will air initially in Nevada, Missouri and Virginia next week. The group plans on adding additional states the following week.

To RSVP or for more information, please contact media@stoptoobigtofail.com or 1-866-285-6216.

Stop Too Big to Fail is a project of the Consumers for Competitive Choice (C4CC), a diverse national coalition of Americans who support a strong, vibrant and consumer-focused economy that is united in the belief that our country’s greatest strength is its ability to dream, build, innovate and compete. To learn more, please visit www.stoptoobigtofail.com.

CONTACT:

Stop Too Big to Fail
1-866-285-6216
media@stoptoobigtofail.com

KEYWORDS:   United States  North America  District of Columbia  Georgia  Missouri  Nevada  Virginia

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