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edited by: Cory Allen Heidelberger, South Dakota Editor

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Premier Bankcard VP: No Layoffs from Reform

—Madville Times

Number of comments: 0
...but 79.9% interest to continue!

Remember how South Dakota's leaders (bank-beholden GOP and Dems alike) justified their opposition to credit card reform by arguing South Dakota would lose thousands of jobs?

Cash this reality check from Premier Bankcard, courtesy of Watertown's Newsmonger:

Tom Hanlon, [...]

Posted: November 07, 2009, 5:29am EST
by caheidelberger

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— blogs linking 'Madville Times' this week

Credit card reform

—Newsmonger

Tom Hanlon, a vice president with Premier Bankcard, told the Watertown Rotary Club Thursday that credit card reform likely won’t cause any layoffs at the company’s local branch.

The legislation, to be enacted in February, will restrict the fees that subprime credit cards can charge, forcing Premier Bankcard to use interest [...]

Posted: November 06, 2009, 10:01am EST
by jaosullivan

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Morning Shots | October 27, 2009

—Constant Conservative

McGovern passes some of the flame to Heidepriem.

Law of unintended consequences still applies: credit card companies will do what is necessary to stay in business.

Bottom Story: Gonna get worse before it gets better . . .
[...]

Posted: October 27, 2009, 8:37am EDT
by Michael

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— blogs linking 'Constant Conservative' this week

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