Banks committing credit card fraud.

Congressional Quarterly (CQ) reports on legislative action to reign in credit card companies massive fraud on consumers and small business.

"Key Senators Urge Freeze on Some Credit Card Rates
Senate Banking Committee Chairman Christopher J. Dodd , D-Conn., and Sen. Charles E. Schumer, D-N.Y., are calling on the Federal Reserve and other regulators to implement a new rule that would ban retroactive interest rate increases on existing card balances. [Read More]"

The National Association of Small Business NSBA is also working hard to reign in a banking industry which is increasingly out of control.

For the good of the country it is time to break the largest banks up and closely regulate their business practices. It is also long past time that upper management in the banking industry be criminally prosecuted, that these crooks be given a lengthy taste of state hospitality, and that those convicted of major crimes be barred from ever working in the industry.