So Obama changes the rules on credit cards and most of the credit card companies are having a fuss. Here’s a CEO interview with Discover CEO David Nelms. Nelms says the new U.S. safeguards for credit-card holders will mean higher interest rates, more fees and fewer loans industrywide. MasterCard Inc. said this month that some of the industry’s practices were “unfair” and “deceptive.”
Posted by: beckbamberger | June 23, 2009
CEO Interview with Discover CEO, David Nelms
Posted in Uncategorized | Tags: beck bamberger, CEO interview, David Nelms, Discover CEO