“The landscape for the consumer in America has fundamentally changed”

For a detailed, depressing examination of how credit card companies get away with what Martin Luther would have called usury, watch this Frontline episode, which aired last night. Listening to Timothy Geithner and Christopher Dodd – the latter of whom talks and looks so much like a stereotypical senator that Claude Rains would have played him – did not inspire confidence. And don’t look for the Obama administration and Congress to cap interest rates either.

(That’s Lowell Bergman, by the way, who was played by Al Pacino in The Insider)

One thought on ““The landscape for the consumer in America has fundamentally changed”

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