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Why Visa, MasterCard and its Member Banks Are Accused of Illegal Price-Fixing...
We found this very simple defination of price-fixing on the Wikipedia site [click here for more info]. Price fixing is an agreement between business competitors to sell the same product or service at...
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More Interchange Revenue Centers
Merchants already are forced to pay from upwards of one-hundred separate interchange fees. Few understand how these charges work, and even we didn’t know of one of the added chargeback programs. Even...
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“Visa: Bailing Out The Banks” (NY Times)
Click here to read Floyd Norris, chief financial correspondent for The New York Times’ comments on the Visa IPO and where the use of proceeds would be going. [Read the Visa prospectus] As...
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Shareholders Take Visa; Banks Run With $10,000,000,000 Payday
Because the new Visa Inc. shareholders remain hypnotised by the market success of MasterCard’s IPO, here are some leading morning-after profiles about why the banks bailed on Visa, cashed out $10...
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WayTooHigh.com: Influencing Opinions and Raising Awareness
Today marks the third year since ScanMyPhotos.com launched WayTooHigh.com – The Credit Card Interchange Report. It is also about the time we received that infamous rate increase letter from Chase...
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Will the government Bail Out Visa and MasterCard Next?
We’re just saying… based on the rash of Federal Reserve and government bail outs to the financial services industry, we can’t help but wonder whether the next target for a giant handout will be Visa,...
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$25 Oil vs. $60 Billion Visa & MasterCard Interchange Fees?
The greedy banks and auto industry execs failed their shareholders and Americans. Their mismanagement is being rewarded with billions, or is it trillions in free money? Everything has turned upside...
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