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marketnewslive.blogspot.com - 12/24/2008
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Federal regulators have adopted sweeping new rules for the credit card industry that will shield consumers from increases in interest rates on existing account balances. AP Personal Finance Editor Trevor Delaney explains.
bloomberg.com - 12/18/2008
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bloomberg.com —
Dec. 18 (Bloomberg) -- Credit-card companies, facing an
increase in defaults and a decline in consumer spending,
are raising some rates, adding fees and cutting credit lines as the Federal Reserve is poised to make the most sweeping changes to the ...
(more)
Credit-Card Users Feel Pain as U.S. Banks Reap Gain ...
ritholtz.com - 12/25/2008
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ritholtz.com —
This is what a hedgie we know is
sending out as his Christmas card: >
(more)
A Hedge Fund Manager’s Holiday Card
freakonomics.blogs.nytimes.com - 12/18/2008
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freakonomics.blogs.nytimes.com —
New research finds that credit-card holders pay down
their debts more slowly when their statements suggest a
minimum monthly installment. The Economist reports on the study, by University of Warwick psychologist Dr. Neil Stewart: Mr. Stewart presented ...
(more)
The Fiendish Genius of Credit-Card Minimum Payments
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