SABEW’s latest teletraining seminar, “Covering Financial Reform,” held June 17, is now available for playback or to be heard for the first time by those who were unable to join us live. It featured moderator/SABEW board member Kevin Hall, McClatchy Newspapers, and panelists Neil Irwin, The Washington Post; Mary Bottari, Center for Media and Democracy; Mike Crittendon, Dow Jones Newswires.

To gain access to the call, dial (218) 339-2651. At the prompt, enter the playback access code 550964. The call is approximately one hour; after a few technical delays and brief conversation between the panelists, the call begins with SABEW staff member Mark Scarp wishing callers good afternoon and making a few announcements before turning it over to moderator Kevin Hall.

• Here is where you can find copies of federal legislation before Congress that the panelists were talking about:

The base bill: http://financialservices.house.gov/pdf/AYO10F74_xml.pdf
A summary of House provisions adopted into the base bill, which was the Senate bill: http://www.house.gov/apps/list/press/financialsvcs_dem/prconf_061010.shtml
Amendments passed are being posted on Senate Banking Committee website: http://banking.senate.gov/public/

• Our speakers have provided a list of links for callers who are interested in more information on the topic of covering financial reform:

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(from Kevin Hall:)

On proxy access: http://www.mcclatchydc.com/2010/05/21/94641/senate-financial-overhaul-could.html
On fiduciary responsibility: http://www.mcclatchydc.com/2010/04/27/92991/financial-advisers-who-dont-put.html
Due diligence/ratings agencies: http://www.mcclatchydc.com/2010/05/05/93596/finance-bills-wouldnt-fully-fix.html

(from Mary Bottari:)

In the category of utilizing alternate sources, I would like to point our this resource. The Wall Street Bailout Cost table is produced and updated monthly by the Real Economy Project <http://www.sourcewatch.org/index.php?title=Portal:Real_Economy_Project>  of the Center for Media and Democracy <http://www.prwatch.org/cmd/index.html> , which publishes this website, SourceWatch <http://www.sourcewatch.org/index.php?title=SourceWatch:Purpose> . The calculation was peer-reviewed by economists at the Center for Economic and Policy Research <http://www.cepr.net/> in Washington, D.C. This table represents a unique accounting of actual government funds disbursed, mostly in the form of loans. Our total includes major programs of the U.S. Treasury Department <http://www.sourcewatch.org/index.php?title=U.S._Department_of_Treasury> , the Federal Reserve <http://www.sourcewatch.org/index.php?title=Federal_Reserve> and other government agencies to assist the financial sector and institutions that had a role in the crisis. It does not include stimulus funds, unemployment, student loans, auto bailout and other initiatives to create jobs or support citizens.

Wall Street Bailout Cost http://www.sourcewatch.org/index.php?title=Total_Wall_Street_Bailout_Cost

(from Michael Crittenden:)

Here’s one comparing the two bills: http://s.wsj.net/public/resources/documents/st_finregcompare0610_20100607.html

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