Wednesday, May 02, 2012

WALL STREET - Still Being Cautions on Credit and Debts

"After the Fall: People, Banks 'Still Cautious' on Credit, Debts" PBS Newshour 5/1/2012

Excerpt

JEFFREY BROWN (Newshour): And we turn once again to our series After the Fall, our look at what's changed and what hasn't since the financial meltdown of 2008.

In recent days, we have examined the housing market and risk and regulation on Wall Street. Our focus tonight: consumers and banks and attitudes toward credit and debt.

For that, we're joined by Adam Levin, chairman and co-founder of Credit.com, a consumer education advocacy group. He's former director of New Jersey's Consumer Affairs Division, James Chessen, chief economist for the American Bankers Association, an industry trade group. And Kathy Kristof, she reports on personal finance for CBS "MoneyWatch" and Kipliwanger's Personal Finance.

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