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To: KevinThompson who wrote (6283)6/8/2000 12:13:00 PM
From: James Strauss  Read Replies (3) | Respond to of 13094
 
Thanks for the article Kevin...

There is an area that could be probed... It's the very high interest rates charged on most charge cards... Anywhere from the mid teens to over 20% is out of sync with the rest of the interest rate environment... But, It probably won't happen... Former NY Senator and Senate Banking Committee Chairman Al D'amato, began holding hearings about 5 years ago... The market started tanking and the hearings stopped...

Jim