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Tricks Of The Credit Card Trade

Tags » Card Issuers, Credit Cards, Financial Regulators

Freelancer Linda Stern writes for Reuters suggesting "here's something that might get all those puzzled people on the hit TV dramas "Lost" and "24" really scratching their heads: Make them decipher the mail that credit card companies send out." She also reminds us about comments made by then-comptroller of the currency John Hawke, Jr. two years ago warning banks about potential supervisory action if they engaged in deceptive practices- she reports that no actions have been taken.


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