Banks Condemn Credit Card Restrictions While They Receive Taxpayer Bailout

Banks Condemn Credit Card Restrictions While They Receive Taxpayer Bailout

You've got to love the banking industry.

As our friends in the financial sector were passing the hat among taxpayers last week for $700 billion in bailouts to cover their crappy mortgage investments, they were simultaneously condemning the House of Representatives' passage of a "Credit Cardholders' Bill of Rights," which aims to crack down on some of the industry's more troublesome practices.

Popular in the Community

Close

What's Hot