InCite seeks to provide another dimension to news by exploring the complexities of events. To do so, InCite draws across perspective and upon intellectual diversity for contextualization while anchored within independent thought.
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Cram for the Credit Crunch
Under a tight credit squeeze some economists predict to be the next crisis, President Barack Obama met in April with executives of 14 credit card companies, including the Bank of America, Mastecard, Visa, Capital-One, Citi-Group and American Express. He sought to spur reform of this industry that has long imposed brutal penalties on consumers and rejected any attempt to legislate regulation of their practices. The U.S. House of Representatives responded a few days later by passing the Credit Cardholders’ Bill of Rights to eliminate such consumer abuse. [MORE]


