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 ‘regulation’
Dr. Robert Lahm quoted in Business Week article, “About That New, ‘Friendly’ Consumer Contract.”
Brian Grow, a Senior Writer with Business Week magazine first contacted me in late February 2009, right around the time my wife was undergoing major surgery. This was a very difficult situation, because our home in Tennessee has not sold, thus far, despite our best efforts. A slow market is obvious, but our circumstances have [...]
“The banks have shown that they can’t be trusted with the American economy. That’s generally been the case, but now it’s out in the open 350 billion dollars later.”
Recalling my previous post, “Chase gets 18 months to comply with new (Reg. Z) rules – But, customers should only need 15 days to comply with Chase’s new rules,” one should note that the ownership and control of the Federal Reserve is rife with inherent conflicts of interest (which have been controversial since its inception). [...]
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