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Story | Jun 9, 2009 | 8:57 AM(WGN-AM)- The Treasury Department has approved 10 of the nation's largest banks to repay $68 billion in government bailout money. The department on Tuesday said the banks, which were not named, will be allowed to repay the money they received from the...
Blog | Apr 21, 2009by James Oliphant The Obama administration is moving to rewrite the rules of the game for credit card lenders, vowing to crack down on high interest rates and predatory practices it says contributed to the economic crisis. The drive, which......
Story | Sep 15, 2009The blip down in credit card loss rates at some banks in July now looks like a fluke. Card loan charge-off rates jumped in August at lenders including Bank of America Corp., Citigroup Inc., JPMorgan Chase & Co. and Discover......