Credit card companies hammered by citizens in comments to the Fed
July 29, 2008 | alternatives, customers | Comments (0)Astonished at the number of people attending the funeral of detested Hollywood mogul Harry Cohn*, a reporter asked comedian Red Skelton to explain it. “Give the people what they want, and they’ll come out,” said Skelton.
Well, the Federal Reserve is apparently giving the people what they want. The comment period for its proposal to reign in deceptive credit card practices continues to set records.
* Cohn was also the model for the Jack Woltz character in “The Godfather.”
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