Regulators zero in on credit card reform
Every once in a while politicians have to look at businesses that are very obviously ripping off the electorate and try to do something to help the little person. You can be sure that it won't hurt the businesses too much, but sometimes a little bit of the help gets through to the person at the bottom. Sometimes. And when this happens in the U.S. it eventually filters up to Canada.
Credit card companies behave in the same way that politicians used to claim the mafia did, re: interest rates, but they've never tried to stop them.
What are the odds that something good will come of this?
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