- In praise of a Consumer Financial Protection Agency
- POSTED 11.6.09
The banks think we’re stupid. They pounded consumers into the ground with abusive mortgages and credit cards. Now they’re threatening us with even higher costs if Congress tries to do something about it. “Honesty costs too much money,” the lenders seem to be saying. Somewhere, the gods are texting “lol.”
The object of the bankers’ ire [...]