Consumer “Bill of Rights” Looks to Ban Unilateral Changes, Apply Rate Increases to Future Debt, Prohibit Interest on Fees, and Prohibit “Universal Defaults”
Live! From Jackson Hole, WY: Interview with Carnegie Mellon Economics Professor Allan Meltzer
Analysis and Discussion with Emily Peters of Credit.com (Bloomberg News)
European Banks to Watch - Credit Suisse, Deutsche Bank, UBS - Bloomberg
Credit Suisse Cutting 55% of Investment Banker Bonuses; Deutsche Bank Cutting 60% of Bonuses; UBS Cutting Company-Wide Bonuses by 80% (Starting Bell)
Live! From Jackson Hole, WY: Interview with Carnegie Mellon Economics Professor Allan Meltzer
Delinquency Rates Rise in 1Q to 1.32%, from Last Year’s 1Q of 1.19%; Delinquency Rate Could Peak in Late 2010/Early 2011 (Bloomberg News)
Analysis and Discussion with Win Smith, Former Head of Merrill Lynch’s International Investment Brokerage Division
Fed May Curtail Lenders’ Ability to Raise Interest Rates on Current Balances, and Extend Bill Payment Times to Allow Customers to Avoid Late Fees
Joint Interview with Rep. Randy Neugebauer (R) of Texas and Rep. Luis Gutierrez (D) of Illinois (Bloomberg News)
Existing Home Sales Rise for Third Straight Month - Analysis and Discussion with Chris Mayer of Columbia Business School (Bloomberg News)
