Word: boomstein
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Making top banks choose brands or giving them the option to work with other brands "would not result in massive changes in credit cards for consumers," says Anita Boomstein, an attorney with Hughes, Hubbard & Reed. Analysts who follow the case say that with 27,000 types of credit cards available in the U.S. from more than 6,000 banks, the addition of a joint "Your Bank-Amex" credit card would not make a big difference to consumers numbed by interest rates and fees...
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