Tuesday, May 18, 2010

Card Industry May Face Rate Caps in ‘Volcanic’ Senate Eruption

By Peter Eichenbaum



May 18 (Bloomberg) -- Credit-card firms caught off-guard by U.S. Senate passage of curbs on debit fees are facing what one executive sees as a “volcanic” eruption of legislation, including possible curbs on interest rates.



Continue Reading at Bloomberg Businessweek 



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