Elizabeth Warren To Head Bureau of Consumer Financial Protection - Bargaineering |
Elizabeth Warren To Head Bureau of Consumer Financial Protection Posted: 16 Sep 2010 08:53 AM PDT One of the creations of the financial reform bill (H.R. 4173 “Dodd-Frank Wall Street Reform and Consumer Protection Act”) was a Bureau of Consumer Financial Protection (CFPB), an organization that is charged with regulating financial products from payday loans to mortgages, credit cards to credit counseling, and a litany of products in between. Here’s an analysis of the actual text of the bill that creates this executive agency. This week, President Obama announced that he would be calling on Elizabeth Warren to lead the agency. Despite her prominence in the news lately, I don’t know much about Elizabeth Warren other than that she was tasked to as the chair of the oversight panel that investigated TARP and is seen as a consumer advocate. I also think it’s a sad sign of the times that we have to employ such trickeration to get a clearly qualified candidate into a position we all need her to be in. White House Taps Consumer Adviser [Wall Street Journal]
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$175 Family Value Bonuses from M&T Bank Posted: 16 Sep 2010 04:06 AM PDT M&T Bank has really gotten very aggressive in its promotions lately and this time they’re offering up to $175 in “Family Value Bonuses” when you open a checking account. You can access the promotion by visiting a specialty built website, BuiltForFamilies.com, and entering your zip code to see if there are eligible accounts in your area. I already have an M&T Bank account, so I’m not eligible, but I really like how their account comparison page tells you everything you need to know. How many other places explain their fees in plain english? If you open an M&T Select Checking, there’s a $14 monthly service fee unless you have a balance over $5,000 or total balances of $10,000, or have a mortgage originally over $100,000. Their Totally Free Checking has no minimum balance or monthly fee and is eligible for $25 in cash, $50 in gift cards.
The cash bonus is paid upon activation of a direct deposit and the activation of their M&T Visa credit card (the majority of the bonus is paid because of the direct deposit). The gift cards are paid out on activating overdraft protection and enrolling/using billpay.
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Elizabeth Warren To Head Bureau of Consumer Financial Protection - Bargaineering Part 1
Elizabeth Warren To Head Bureau of Consumer Financial Protection - Bargaineering Part 1
Elizabeth Warren To Head Bureau of Consumer Financial Protection - Bargaineering Part 1
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