bloomberg.com - 11/30/2008
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Nov. 29 (Bloomberg) -- The subprime mortgage crisis is giving department and convenience stores and gas stations a new argument in asking Congress for power to negotiate the fees banks charge them to process credit-card transactions. Retailers such as Target Corp. say banks make so much money ...
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Credit-Card Fees Targeted by Retailers Who Say Banks Overcharge
IEHI Feed: The Hedge Fund Implode-o-Meter —
Credit-Card Fees Targeted by Retailers Who Say Banks Overcharge (bloomberg.com) Search Enter your search terms Web HF Submit search form 2008-11-30 "The subprime mortgage crisis is giving department and convenience stores and gas stations a new argument in asking Congress for power to negotiate the fees banks charge them to process credit-card transactions. " ...
Links 11/30/08
naked capitalism —
... the Chrysler rescue), DealBook (hat tip Credit Slips). The problem with all these clever financial strategies is that they ignore the consumer. Surveys have found that as many as 80% of carbuyers would not buy a vehicle from a bankrupt manufacturer. Ask people you know. So far, I have gotten a 100% negative response. And failing dealers, who provide service, is also a deterrent. Why Did TARP Change Course? Roger Ehrenberg. A new line of thought. Credit-Card Fees Targeted by Retailers Who Say Banks Overcharge Bloomberg, The issue is merchant ...
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