Shareholder actions

The federal law known as the Community Reinvestment Act (CRA) obligates federally insured banks and depository institutions to help meet the needs of communities in which they operate.  No such law exists for money transfer agencies like Western Union. April 15, 2008

Report on Racial Disparities in Mortgage Lending

WHEREAS, there are wide disparities between the interest rates charged to African-American and Latino families compared to white families, according to Home Mortgage Disclosure Act data filed by lending institutions.

November 14, 2007

Western Union Review on Remittance Fees, Rates, and Policy

WHEREAS, we believe onerous charges in the multi-billion dollar money transfer industry place an undue economic burden on low-income immigrant families in the United States and in their communities of origin while creating an increased reputational risk for our Company.

According to the World Bank, the remittance market will generate more than $15 billion in annual revenues in 2006, with profit margins for companies like Western Union as high as 30%.

November 14, 2007

December 2006 (PDF, 524 KB) Ten Years: Looking Back, Looking Forward • Immigration as Foreign Aid • Myth Busting About Race • Funding Justice Gulf South• Preserving the Estate Tax

October 31, 2007

Reflection: Inconvenience Yourself | Reining in the Wells Fargo Stagecoach | Tax Fairness Organizing | Capturing Capital Gains | Western Union Pressured | Wal-Mart's Annual Meeting | Opinion: War & Taxes | Estate Tax Heads for Compromise | In Your Own Voice | RW Member Runs for Congress

October 12, 2007

Poverty: Of the Wallet, or of the Spirit? | UFE Contributes to National Poverty Task Force | Economics As If People Mattered, 2007 | Q&A with Peter Edelman, Contributor to the Center for American Progress Poverty Task Force | The Poor Pay More and Shareholders Hold their Noses | New Immigration Workshop | Western Union Pressured on Excessive Remittance Fees | Putting Pressure on Predatory Lending in Louisiana | All Aboard the Asset Train | Holding the Dems to Task | The Estate Tax—at Issue in Congress and in White House Race | Tax Cut Madness Continues

October 12, 2007

UFE helps support economic justice efforts around the country with tools for groups and individuals. We encourage everyone to get involved and take action to the best of their abilities.

July 20, 2007

Responsible Wealth Actions:

• Take the Tax Fairness Pledge
• Get involved in Shareholder Activism
• Sign up for Action Alerts
• Read the RW Action News newsletter
• Join Responsible Wealth
• Donate

 

July 20, 2007

Shareholder actions are a vital tool in raising awareness about the need for corporations to take into account the needs of shareholders beyond those in board room.

Every year since 1999, Responsible Wealth has filed shareholder resolutions seeking corporate accountability on a variety of topics.

July 20, 2007

For fourteen years, in conjunction with the Institute for Policy Studies, UFE has published an annual report – Executive Excess (PDF) – comparing the pay of top CEOs to average workers.

We believe that the lack of pay equity in the US can be addressed by changing the rules. The better informed average workers are, the more they will be empowered to generate changes.

July 20, 2007