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Bankruptcy

: The Debt Podcast

Banks? Future Woes in One Word: Plastic

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So read the headling in this CNN-Money story. As this article noted: Just last month, Bank of America CEO Ken Lewis warned lawmakers at a high-profile Congressional hearing on the government’s $700 billion rescue plan that he had no doubts 2009 would be an “awful year” for the credit card industry. Unfortunately for Lewis and his peers, [...]

Full post as published by The Debt Podcast on March 16, 2009 (boomark / email).

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