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College football championship game sponsor makes a lot of money off college students
Thursday, January 7, 2010 � by jg
“The winner of the BCS championship game won’t be determined until Thursday night, but the loser’s already decided,” Loren Steffy writes. “It’s us…Maybe we should call it the Bailout Bowl or the Tournament of Financial Ruin.”
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AmEx is giving us a great big holiday gift
Tuesday, December 8, 2009 � by jg
Penelope, a 26-year-old lawyer in her first job out of law school, learned first-hand an unintended consequences of newly enacted federal legislation cracking down on credit card companies: Credit card companies are taking aim at consumers.
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Poor suffer from lack of access to banks
Thursday, December 3, 2009 � by jg
“Underbanked” households make more use of nonbank money orders, nonbank check-cashing services, payday loans, rent-to-own agreements, pawn shops or refund anticipation loans.
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FDIC reports third quarter a difficult one for banks
Tuesday, November 24, 2009 � by jg
ProPublica: The number of banks and other financial institutions on the FDIC’s “problem list” is the highest it’s been since 1993.
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Congress looks to cut bank overdraft fees
Wednesday, November 4, 2009 � by jg
Sen. Christopher Dodd (D-Conn.), chairman of the Senate Banking Committee, has proposed legislation that would give consumers more information to help them avoid overdraft fees.
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Schwarzenegger raked in subprime lender campaign money
Sunday, November 1, 2009 � by eric
Gov. Arnold Schwarzenegger took more campaign donations, $2.9 million, from subprime lenders than any state politician in the nation during this decade. His aides said the money had no impact on his decisions.
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Updated: Banking mess: FDIC had another very busy month and year
Friday, October 30, 2009 � by eric
Whether or not the economy is on the mend, the banking mess continued to spread in September.