Squashed

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June 19, 2012 with 59 notes

The Consumer Financial Protection Bureau is launching a web site today that catalogs consumer complaints. Banking trade groups are not happy.

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CNN: Got a credit card gripe? Now you can tell the world

One of the better ways to minimize consumer complaints is to avoid doing things that consumers complain about. When you are terrified by transparency, maybe you should reevaluate your business model before somebody else reevaluates it for you.

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