If you want to know why we are experiencing an all-out assault on the part of banks in the form of abuses with respect to credit cards, CNBC’s production, “House of Cards,” provides an excellent introduction to this subject, at least partially (greed). Wall Street, and its regulators, failed. A period of exuberance, during which [...]
Posts Tagged ‘banks’
What an Amazing Discovery: I Found a Banker With Brains and Scruples
Thanks to “M,” who contacted me directly with a referral to a great site, I made an amazing discovery this morning: There exists a banker with brains and scruples. Such a sighting is extremely rare, as most of you who are regular readers already know. Many of them have brains, don’t get me wrong, that’s [...]
“Legalized loan-sharking”: How much is too much?
I appreciate the comment by “M,” providing information about how the banks’ Congressional representatives voted on interest rate caps as provision of proposed C.A.R.D. Act legislation, which has now passed. I was going to say “our” representatives, but judging by voting results, Congress doesn’t really seem genuinely interested in protecting the average American citizen from [...]


