C4CC Launches ‘Stop Too Big to Fail’ Project

Coalition Holds Media Teleconference to Encourage Real Financial Reform

WASHINGTON--(BUSINESS WIRE)--Please join Consumers 4 Competitive Choice (C4CC) President Robert K. Johnson for a media teleconference as the group launches a new project, Stop Too Big to Fail, which will aim to stop our government from moving forward as if some financial institutions are “Too Big to Fail” (TBTF). The media teleconference will be on Thursday, February 11, at 10:30 AM EST.

Joining Johnson will be former Georgia State Senator Sam Zamarripa, who will serve as Stop Too Big to Fail’s chair and spokesperson. As the U.S. Congress considers legislation for financial reform, Stop Too Big to Fail believes that real financial reform is necessary to address the causes of the economic crisis.

Real financial reform means that small and medium-sized investors should not be subsidizing too big to fail institutions. We oppose new bailout funds for big banks that will be paid for by investors. We’d like Congress to impose limits on leverage for TBTF financial institutions, break up TBTF financial institutions, create tangible financial incentives against being TBTF and ensuring that big banks can’t just pass the costs of reform onto consumers and small investors.

Stop Too Big to Fail launches its website today and invites all accredited media to join the teleconference to address its positions.

What:	Media Teleconference – Introducing ‘Stop Too Big to Fail’ Coalition
When:	Thursday, February 11 at 10:30 AM EST.
Who:	Robert K. Johnson, Consumers 4 Competitive Choice President
	Sam Zamarripa, Stop Too Big to Fail Chair and Spokesperson; Former Georgia State Senator and President, Zamarripa Capital
Call-In Number:	Domestic – 800-895-1715
	International – 785-424-1059
Confirmation Code:	3737842

To RSVP or for more information, please contact [e-mail] or 1-866-285-6216.

Led by C4CC President Robert K. Johnson and former Georgia State Senator Sam Zamarripa, 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 view the Stop Too Big To Fail site, please visit http://www.stoptoobigtofail.com/