Comment on The past is present for fragile consumer trust in finance

The past is present for fragile consumer trust in finance

History doesn’t repeat, the oft-quoted investment axiom goes, but it rhymes. It’s been a little more than a year since the Consumer Financial Protection Bureau announced it would fine the country’s largest bank mortgage issuer $185 million for opening millions of bank and credit card accounts customers didn’t want, drawing national attention to the issue.

 

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