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Asset-backed securities-aside from mortgage-backed bonds-remain vital to the health of financial institutions. The Federal Deposit Insurance Corporation has reported that U.S. credit card issuers rely on ABS financing to provide more than 50 percent of their capital needs, according to a TowerGroup report.
November 7 -
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DEPARTMENT OF THE TREASURY
November 6 -
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November 6 -
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November 5 -
Voters give Senator Barack Obama enthusiastic applause whenever he promises to take on the credit card companies -- and he makes that promise often. Yet, his Democratic colleagues are stalling a crucial House vote on a bill that could give Americans essential protections.
November 3 -
BOSTON, Sept. 9 /PRNewswire/ -- The Merchant's Guide, LLC
November 3
