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Why Credit Card Firms Are Sweet On You Again

Sunday, September 2, 2012 - 4:49 PM
From Businessweek:
Banks are returning to a practice they abandoned after the financial crisis: taking Americans’ credit-card debt, slicing and dicing it, and selling it off as bonds.

Believe it or not, that’s a good thing.

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pearlbrownpearlbrown1,472 posts since
Nov 2, 2010
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