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DN! Credit Card Industry (1) and Proposals for Reform

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Uploaded by on Nov 18, 2009

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"The Card Game" - New Doc Investigates History of Credit Card Industry and Proposals for Reform

We take a look at how the consumer loan industry continues to squeeze customers. Last year the Federal Reserve Board announced new rules for banks to remove unfair credit card practices, and in May of this year Congress passed the Credit Card Accountability, Responsibility and Disclosure Act of 2009. In a joint Frontline/New York Times investigation, The Card Game, longtime investigative journalist and Frontline correspondent Lowell Bergman talked to industry insiders, lobbyists, politicians and consumer advocates about how to reform the way the consumer loan industry has done business for decades.

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  • Stop using these evil plastic things!!! Cut them all up and cancel your accounts NOW! That is the only way to cut the head off of these carnies.

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