Posts Tagged ‘credit cards’

SECURITIZATION: How our society changed when we learned to turn lead into gold.

Written on 30 Sep, 2013 at 13:07

Before securitization children were raised receiving fewer presents for their birthdays and holidays and I don't need a source for that statistic. Water is wet, the sky is blue, and that's a fact. Hotel rooms never cost $600... (Continue reading)

Bringing Up the Rear: Me, Martin Andelman

Written on 4 Aug, 2010 at 6:38

It's a credit crisis, a global financial crisis, a foreclosure crisis, an economic catastrophe, the total destruction of the secondary mortgage market, the end of pension plan investing and Wall Street's investment banks, and an ongoing example of why derivatives... (Continue reading)

First Premier Bank Credit Cards… Now at 79.9% Interest!

Written on 18 Dec, 2009 at 3:56

Yes folks, it's true... the banking lobby strikes yet again. No limit on interest rates charged by credit cards. It's funny too, because I could have sworn there was a cap of 390% voted in, but maybe I... (Continue reading)