1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

ForexNewsMarket.com 4/20/2009 News

Discussion in 'Forex Daily News & Outlook' started by ForexExpert, Apr 20, 2009.

  1. ForexExpert

    ForexExpert New Member

    Dec 18, 2008
    Likes Received:
    ForexNewsMarket.com - 24/5 Forex News, Analysis & Trading Signals


    Obama Administration Ready To Focus On Credit Cards

    The Obama Administration is ready to take action against credit card companies which may have been deceiving their customers. Obama has long promised to do something about potentially deceptive practices used by credit card companies to attract
    new customers, now the time may have come.

    Economic adviser Lawrence Summers is quoted as saying the president is "very focused in the very near term on a whole set of issues having to do with credit card abuses."

    Obama would most likely tackle the issue by modifying or adding to new rules placed on credit card companies in December 2008.

    Citigroup Posts Smallest Loss Since December 2007

    Citigroup posted their smallest quarterly loss Friday since 2007, a positive sign for the struggling bank and the economy in general.

    The report after other major banks, including J.P. Morgan & Chase, posted positive results.

    For more info visit our site

Share This Page