billionaire
Credit card rule changes might bring rate increases (Lansing State Journal)
March 1, 2010 by admin · Leave a Comment
Credit card issuers now have to play by a new set of rules, thanks to federal legislation that took effect Feb. 22.
Read more here:
Credit card rule changes might bring rate increases (Lansing State Journal)
billionaire
Buffett Ends Credit-Card ‘Fiasco,’ Sells Receivables (Update1) (Bloomberg)
March 1, 2010 by admin · Leave a Comment
March 1 (Bloomberg) — Billionaire Warren Buffett shut a Berkshire Hathaway Inc. credit-card business and sold bad loans at 55 cents on the dollar in what he called a “very expensive business fiasco.”
The rest is here:
Buffett Ends Credit-Card ‘Fiasco,’ Sells Receivables (Update1) (Bloomberg)
billionaire
Buffett Ends Credit-Card ‘Fiasco,’ Sells Receivables (Correct) (Bloomberg)
February 28, 2010 by admin · Leave a Comment
(Corrects rate at which loans were sold in first paragraph.) March 1 (Bloomberg) — Billionaire Warren Buffett shut a Berkshire Hathaway Inc. credit-card business and sold bad loans at 55 cents on the dollar in what he called a “very expensive business fiasco.”
Original post:
Buffett Ends Credit-Card ‘Fiasco,’ Sells Receivables (Correct) (Bloomberg)