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Friday, June 25, 2010

Financial Reform...

What financial reform means for consumers, From Card Fees to Mortgages, a New Day for Consumers

At last, it’s settled.

After months of haggling, the terms of financial reform are set, so long as both houses of Congress vote to accept them in the coming days.

While elected officials spent much of their time working out the details of regulating complex derivatives and grappling with whether banks ought to make big bets with their own money, they also set a number of new rules that will directly affect consumers.

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source : NYtimes

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