Elizabeth Warren on the Credit Card Industry
Harvard Law Professor Elizabeth Warren is an expert on bankruptcy and is an outspoken critic of consumer lenders.
Recently she appeared before the Senate Banking Committee to discuss the abusive lending practices by credit card companies. She considers the interest charges and late fees imposed by credit card companies to a "hidden tax" on cardholders.
Warren is also the author of The Two-Income Trap: Why Middle Class Mothers and Fathers Are Going Broke.
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Financial Fire Drill Oct. 3, 2003
Two-Income Families at Risk of Financial Crisis Sept. 8, 2003
Books Featured In This Story
The Two-Income Trap
Why Middle-Class Mothers and Fathers Are Going Broke