For reprint rights or to purchase a copy of your Daily Journal photo, email Jeremy_Ellis@dailyjournal.com for prices or call 213-229-5424.

To buy more copies, call 866-531-1492 or email subscribe@dailyjournal.com
This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...

Law Practice

Apr. 24, 2009

BERG: To Fix Nation's Finances, President Obama Needs to Fight the Fine Print

Candidate Obama promised a tough line against rapacious credit card companies. Columnist Martin Berg wonders: Will President Obama follow through?

You know that fine print on your credit card statement that you can't make out because it's too small to read? Here's what it really says:

"Hello, sucker. We in the credit card industry will charge you whatever interest rate we please, and change that rate whenever we choose. Don't think we don't know the pain of high interest rates. When we decided to try to repay our bailout loans early, the Treasury Department wanted to charge us higher interest rates. Even though we...

To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!

Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)

Already a subscriber?

Enewsletter Sign-up



By using our website, you agree to our use of cookies in accordance with our cookie policy. You can learn more about how we use cookies by reviewing our Privacy Policy here.