Banks Condemn Credit Card Restrictions While They Receive Taxpayer Bailout
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Bailout Credit Cards, Credit Cards Banks, Wall St, Wall St Bailout, Wall St Crisis,
Business News
LA Times:
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.
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First Posted: 09-27-08 06:05 PM | Updated: 10-28-08 05:12 AM