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Video: Obama makes push for credit card legislation
President Barack Obama is pushing Congress to send him legislation by Memorial Day that would put a tighter rein on the credit card industry.
What Does Your Credit-Card Company Know About You?
What Does Your Credit-Card Company Know About You?
nytimes.com — What Does Your Credit-Card Company Know About You? (more) What Does Your Credit-Card Company Know About You?
Obama Seeks Action Against Credit Card Industry
Obama Seeks Action Against Credit Card Industry
nytimes.com — RIO RANCHO, N.M. — President Obama stepped up his populist campaign against the credit card industry on... Thursday, pressing Congress to pass new limits on “anytime, any-reason rate hikes,” unfair late fees and misleading policies. As the Senate ... (more) Obama Seeks Action Against Credit Card Industry
The Credit Card Death Spiral
hf-implode.com — " The stress tests are done. The results were so-so. Financials are up. Unfortunately, foreclosures are still... climbing, credit card defaults are growing and could out-pace unemployment, and no one knows how to value toxic assets. But the bank crisis has been solved! " (more) The Credit Card Death Spiral
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