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Big Banks News

EU charges credit giant MasterCard with antitrust violations

The European Union on Thursday formally charged credit card giant MasterCard with antitrust allegations, alleging the credit giant is artificially raising monthly minimum payments for its European customers.

Op-Ed: Banks are not only too big to fail but too big to jail

Washington - Big banks are above the law. Not only are they too big too fail but according to US Attorney General Eric Holder they are also too big to prosecute.

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