For years, I have recommended a PBS Frontline special, "The Secret History of the Credit Card," which exposes what went terribly wrong with the industry.
Tonight (Tuesday, Nov. 24th) a long-overdue new piece, The Card Game, airs at 9 pm Eastern Time. I haven't seen it yet, so I can't share my opinion yet, but if it's anything like the first one, I'll likely be recommending it for years to come. I'll be tuning in, and will share my observations with you tonight on Twitter and tomorrow on this blog.
In the meantime, here are the details from the producers:
Your readers might be interested in hearing about our new FRONTLINE report “The Card Game” which airs on PBS stations across the country tonight Tuesday, Nov. 24, at 9 p.m. Our veteran correspondent Lowell Bergman, in a joint report with the New York Times, investigates the massive consumer loan industry and regulators’ attempts to make potentially historic changes in the consumer credit business.
“Newsday” gave this report an ‘A+’ and “Time” calls it ‘Must-See Recession-Era TV.’
Credit cards, banking fees, and personal finance issues are top-of-mind with consumers now as they gear up for “Black Friday” and the holiday shopping season, and “The Card Game” gives viewers an insightful glimpse into the practices of the financial services industry.
This report also comes at a crucial time when industry insiders, regulators, politicians, and consumer advocates are all squaring off in Washington over attempts to reform the way the industry has done business for decades and how best to protect consumers.
GerriDetweiler – Personal finance author and Credit Advisor for Credit.com, Gerri contributes budgeting, debt
recovery and savings information online. She is also the co-author of Reduce Debt, Reduce Stress:
Real Life Solutions for Solving Your Credit Crisis.
