June, 2010
Smashing the testosterone barrier – Women in auto sales
A recent article that was in Automotive News reports that when it comes to auto dealers, women in auto sales may be just the recipe needed to increase the bottom line. The traditional preponderance of male salespeople in the auto sales industry created a "testosterone barrier" that may have been appropriate when purchasing decisions in ...
A failure to compromise – auto dealer regulation
Auto dealer regulation is on the minds of House Democrats of late, or more specifically a lack thereof. Their belief is the newly formed Consumer Financial Protection Agency (CFPA) would hamper auto dealers' ability to recover by limiting their ability to continue offering dealer-assisted financing. Led by New York Reps. Bill Owens and Mike McMahon, ...
Fight to weaken new mortgage rules in financial reform by lobbyists
Tuesday the US House and Senate plan to start refining mortgage legislation. The legislation would apply the largest overhaul to mortgage lending rules in decades. The mortgage legislation, which is really part of the financial reform bill, is intended to end the risky lending practices blamed for causing the financial crisis. Mortgage industry lobbyists are ...
Congressman forgets $ 55,000 in personal cash loan
One would think that getting a personal cash loan isn’t typically an easy thing to forget. Congressman Gregory Meeks from Queens, though, appears to have just “forgotten” about over $ 55,000 in personal loans. As a senior member of the House Financial Services Committee, Meeks is one of the senior representatives from New York.
The “oversight” ...
