Martha Coakley on Corporations
Wrote op-ed advocating for bank consumer protection agency
[In January 2010, in exchange for passing an overall financial package, it appeared that] there might be some face-saving attempt to set up a new consumer protection department somewhere else in the government, but there would be no strong, independent
agency with the authority to get much done.
The death wouldn't be a public execution. Instead, the Senate Banking Committee would propose a financial reform bill with no consumer agency. No one would ever know exactly who had killed it, or why.
The lobbyists bore down. Plan A: Kill the agency. Plan B: Maim it so it won't interfere with the big banks' business plans.
Martha Coakley and I wrote an op-ed piece in the New Republic, strongly advocating for a new agency.
She was always ready to speak up on behalf of the new agency [which became the Consumer Financial Protection Agency, headed by Elizabeth Warren]. [The article was entitled, "The Right Way to Regulate", New Republic, November 18, 2009.
Source: A Fighting Chance, by Elizabeth Warren, p.155-7 & 314
, Apr 22, 2014
Don't take business for granted; both small and large
Martha knows that we cannot recover from this economic downturn without preparing for the jobs and the skills needed for success tomorrow. In order to grow jobs and retain workers, we cannot take business for granted.
As Senator, Martha will make economic growth a top priority. She will listen and work with small and large businesses in Massachusetts to create jobs and lower costs.
Source: 2010 Senate campaign website, marthacoakley.com, "Issues"
, Oct 1, 2009
Pushed anti-trust rules against Google and Yahoo
Last June, Google and Yahoo announced that they had entered into an $800 million four-year agreement under which Google ads would appear on Yahoo Search Results pages and on various Yahoo web properties and partner sites.
Today, the two companies announced that the agreement has been terminated.
Massachusetts Attorney General Martha Coakley issued the following statement regarding the announcement: "We are pleased that
Google has announced that it has terminated its search advertising agreement with Yahoo. Our Antitrust Division worked with the U.S. Department of Justice and other states in an extensive investigation of this agreement.
We believed that the agreement would have harmed competition in a critical and growing internet market and our office was prepared to file suit with the DOJ to block the agreement."
Source: Press release on Attorney General website, www.mass.gov
, Nov 5, 2008
Page last updated: Jul 20, 2017