Free Cash at Your Door

Today the Internet has democratized many aspects of everyday life. Activities that were reserved for very exclusive elite are now available worldwide airlines, hotels, shops, expensive restaurants, and even the stock market on Wall Street. The best example of this we have done our first steps into the bag via the Internet. Access to online [...]

In a previous blog about the toxic financial products, I raised the question about the need for tighter regulation of these, including the establishment of certain minimum standards of financial products and – if necessary – the introduction of actual prohibition against offering the most toxic of the battle for the most vulnerable client groups. [...]

Consumer Ombudsman is banking customer’s new watchdog. Or rather: bank customers’ old guard returns. Consumer Ombudsman was in fact made toothless some years ago when he lost his powers in financial matters. But after the adoption of the so-called Credit Package (also known as Bank Package II), he is back again in a snappy new [...]