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Business

Credit Card Issuers Getting In Their Licks Ahead Of Reform
Business  (tags: obama, business, banks, credit, cards, reform, law, corruption, crime, abuse, lies, greed, bailout, americans, dishonesty, government, economy, corporate, ethics, finance, money, politics, investments, consumers )

Tom
- 1849 days ago - huffingtonpost.com
Chase has recently increased the monthly minimum payment on select accounts that have carried balances. Effective August 2009, impacted cardmembers will have their minimum payment increased from 2% to 5% of the statement balance, said a Chase spokeswoman.
How Goldman Sachs Secretly Bet on the U.S. Housing Crash (Video)
Business  (tags: business, banks, wall street, Goldman Sachs, corporate, corruption, dishonesty, finance, money, investing, economy, foreclosures, investments, americans, consumers, ethics, investors, investigation )

Tom
- 1727 days ago - mcclatchydc.com
Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages, but never told the buyers it was secretly betting that a sharp drop in U.S. housing prices would send the value of those securities plummeting
Pay Us Back ACTION
Business  (tags: corruption, banks, JP Morgan Chase, Bank of America, Wells Fargo )

Nancy
- 1025 days ago - newbottomline.com
Bank of America, JP Morgan Chase, and Wells Fargo executives are earning just as much as they did prior to the financial crisis. In 2010, the CEOs of these three banks made almost $50 millions dollars combined. Compare that to a recent census report that
Debtor's Revolt: Woman Refuses To Pay Off Bank Of America Credit Card (VIDEO)
Business  (tags: americans, business, consumers, corporate, corruption, dishonesty, finance, investments, money, ethics, economy, abuse, banks, credit, cards, revolution, bailout, bofa, arrogance, greed, society, debt )

Tom
- 1773 days ago - huffingtonpost.com
The credit card industry made a villain of itself this year by benefiting from billions in taxpayer bailout dollars and then thanking taxpayers by raising interest rates and minimum monthly payments, even on their good customers. It's time to fight back!
Sign Petition: End Credit Card Financing of Mail Order Brides
Business  (tags: women, trafficking, abuse, mail-order, brides, poverty, crime, sadness, rape, sexual, assault, credit, cards, banks, intrernet, business, corruption, ethics, finance, economy, money, society )

Tom
- 1868 days ago - change.org
The facilitating of payments used in the recruitment and sale of mail-order brides is unregulated. The major credit card companies are involved and have been for years. It opens the door to an increasing class of criminals to buy and exploit these women.
Credit Card Firms Try End Run Around New Federal Rules
Business  (tags: obama, business, banks, credit, cards, reform, law, corruption, crime, abuse, lies, greed, bailout, americans, dishonesty, government, economy, corporate, ethics, finance, money, politics, investments, consumers )

Tom
- 1842 days ago - latimes.com
Banks are quietly changing the terms of millions of credit card accounts as they brace for a tough new law that will limit rate hikes. The law will restrict interest rate hikes unless a card has a variable rate, so banks are doing away with fixed rates.
A Market Giant Falls on Hard Times
Business  (tags: Lehman Brothers, stocks, stock market, investments, banks, economy, world financial markets )

RC
- 2139 days ago - washingtonpost.com
Early this morning, the venerable firm of Lehman Brothers, the fourth-largest investment firm in the country, filed for bankruptcy. The global business community is girding up for major financial shifts, uncertainty and a tumbling stock market.
Federal Reserve Cuts in Interest Rates Haven't Paid Off for Credit Card Debtors
Business  (tags: credity cards, interest rates, debt, banks, Federal Reserve, interest rate cuts )

RC
- 2356 days ago - washingtonpost.com
No, they sure haven't, because banks and other lenders are not only cautious but GREEDY. They are now borrowing money at a much cheaper rate, but aren't passing the savings along to us.
Take Action: Urge the Senate to Reform Credit Cards!
Business  (tags: money, credit cards, banks, greed, politics, government, finance, ethics, economy, dishonesty, corruption, business, corporate, americans, abuse, consumers, debt, society )

Tom
- 1905 days ago - change.org
Urge your Senators to stand up for regular Americans, not greedy banks! Ask them to vote for S. 414, the Credit CARD Act, and protect us from unfair interest rate hikes, crazy fees, and other tricks designed to keep us on an everlasting debt treadmill.
Put Elizabeth Warren on the Banking Committee! ACTION LINK
Business  (tags: money, economy, dishonesty, banks, Elizabeth Warren, ethics, finance, consumers, corruption, americans )

Nancy
- 618 days ago - care2.com
Please assign Senator-elect Elizabeth Warren to serve on the Banking Committee, if she requests a position there.
Pulling the TARP Over Our Eyes
Business  (tags: bailouts, Henry Paulson, mortgages, banks, lobbyists, TARP, US Treasury )

RC
- 2132 days ago - nytimes.com
US Treasury Secretary Henry Paulson calls the bailout fund for banks & mortgages lenders the "troubled asset relief program" - TARP. I call it bullsh*t. Finance lobbyists are scrambling to get the most on the $ for their pimps. You & I will pay bigtime.
Move Your Money, Change the System
Business  (tags: abuse, americans, Banks, business, consumers, corporate, corruption, dishonesty, economy, finance, foreclosures, humans, investments, labor, lies, marketing, money, politics, society )

Kit
- 957 days ago - truth-out.org
Inspired by the Occupy movements around the country, nearly two-thirds of a million Americans joined credit unions in the brief five weeks between the beginning of October and "Bank Transfer Day,"
Foreclosuregate Explained: Big Banks on the Brink
Business  (tags: abuse, americans, banks, business, corruption, dishonesty, economy, finance, foreclosures, government, investments, lies, marketing, money, politics, society )

Kit
- 1365 days ago - truth-out.org
Scandal is spreading across Wall St. like a very bad case of poison ivy. A rash of fraudulent home foreclosures has exposed some of the nation's biggest banks to an even worse condition ... bankruptcy.
Show Us the Love. Protect Our Credit Cards! ACTION US
Business  (tags: banks, retailers, credit card fraud, protection, prevention, money, business, finance )

Nancy
- 161 days ago - secure.consumersunion.org
The plastic in our pockets could be much more secure. Payment cards with embedded microchips have dramatically cut fraud and protected consumers in other parts of the world for years - but not here at home.
 

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