Payday Loans Exempt From Consumer Protection Rules Under Corker …

Senator Bob Corker, the Tennessee Republican who is playing a crucial role in bipartisan negotiations over financial regulation, pressed to remove a provision from draft legislation that would have empowered federal authorities to crack …

Janet Tavakoli: Washington Must Ban U.S. Credit Derivatives as …

Credit default swaps are not insurance. If you buy fire insurance on your home, you must own the house. If you buy credit protection on the United States, however, you do not need to own US Treasury bonds.

Credit Default Swaps Are Dangerous, US Taxpayers Are Still On The Hook

Derivatives are responsible for much of the interconnectedness between banks and other institutions that made the financial collapse accelerate in the way that it did, costing taxpayers hundreds of billions in bailouts.

Credit Default Swaps Are Dangerous, US Taxpayers Are Still On The Hook

Derivatives are responsible for much of the interconnectedness between banks and other institutions that made the financial collapse accelerate in the way that it did, costing taxpayers hundreds of billions in bailouts. Yet credit …

Credit-Card Fees: The New Traps

A new federal credit -card law that takes effect Monday could erase billions of dollars a year in fees and interest charges paid by consumers. But card issuers are already deploying new tactics that could prove costly for even the most …