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schumer box

Why Credit Card Regulation Is Broken: Until recently, regulators routinely looked the other way as credit card issuers ensnared unwitting consumers with huge finance charges and penalties. So how did credit card regulation become so broken? Here's a brief history of the slippery practices of the industry. How...; Tags: Bank, Credit Card, Regulation, MoneyWatch, Sales Channel, Financial Services, Sales, Finance, Credit Cards, Usury, Interest Rate, Consumer Protection, Schumer Box, Federal Reserve, Default, Universal Default, Penalty Rate, Bernanke, Fed, Truth In Lending Act, MoneyWatch Briefing, Marlys Harris; Articles 2009-04-15

The Expensive Student Loan Trap: Making its way through Congress (at the usual pace--ketchup coming out of a bottle) is a bill that promises to reform student loans. Called SAFRA for Student Aid and Fiscal Responsibility Act, it would eliminate FFELP or Family Federal Education ProgramÂ loans.Â (Doncha love the acronyms?) The bill would knock out bank...; Tags: Payment, Borrower, Loan, Student Loan, Government, Operational Accounting, Finance, Marlys Harris; Blog posts 2009-10-08
Bernanke Well Deserved Reappointment to the Fed: It was really dismaying to read the stream of vitriol that followed President Obama's decision to reappoint Ben Bernanke as chairman of the Federal Reserve. I think history will show that Bernanke was a true hero whose out-of-the-box thinking saved the global economy from collapse. The criticism...; Tags: Federal Reserve Board, Ben Bernanke, Financial Accounting, Finance, Charles Wallace; Blog posts 2009-08-27