U.S. Seeks New Curbs on Credit-Card Practices
By STEPHEN LABATON
Published: May 3, 2008
WA****NGTON — Federal bank regulators on Friday proposed a new set of rules
to make it more difficult for credit card companies to raise rates
arbitrarily, conceal high penalty fees or engage in other practices that
consumer groups say are abusive.
More:
http://www.nytimes.com/2008/05/03/business/03credit.html?_r=2&ref=business&oref=slogin&oref=slogin
ROFL. As the Fed's fiat currency is collapsing around their ears because
Americans can't pay their debt with mortgages in the toilet and the larger
credit card debt industry ready to crash, Helicopter Ben decides to
regulate
the Fed.
ROFLMAO
Maybe those concentration camps are for greedy bankers!
