Archive for May 2008

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Fed Forestalls Congress with Credit Card Regs

May 12th, 2008 | By Dawn Rivers Baker | Category: Podcasts

I didn’t have time to get into the particulars of the Fed’s proposed credit card industry regulations in the podcast, so if you’re wondering what exactly they have in mind, they include:

~ Banks would be prohibited from increasing the rate on a pre-existing credit card balance (except under limited circumstances) and must allow the consumer [...]

 
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Small Lenders Stand Ready But Need Help

May 4th, 2008 | By Dawn Rivers Baker | Category: Podcasts

Last week, there was yet another hearing on the credit crunch and small business access to capital, this time before a House panel. The difference here, though, was that there was nobody testifying on behalf of the SBA and, for some reason, that seemed to make the situation quite a lot clearer.
Make of that what [...]

 
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