The Great Credit Card Battle To Come

robertreich.blogspot.com — The next front in the banking wars will be over credit cards. Some of the nation's biggest bankers — including representatives of Citigroup, JP Morgan Chase, and other recipients of billions of taxpayer dollars — met with the President to ask him back off his move to reform credit-card lending practices. What's happening to credit card lending is a smaller replay of what happened to mortgage lending.

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