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FEMALE PERSPECTIVE OF THE FINANCIAL CRISIS

 

New York women's panel looks at financial crisis from a female perspective


"'In this period of economic downturn there's one area where we [women] have achieved equality,' said U.S. Rep. Carolyn B. Maloney (D-14th Dist.) Oct. 20 at the Cornell Conference Center in New York City. 'Job loss.'

This punch line aroused a round of snickering from the overwhelmingly female crowd at a Cornell Institute for Women and Work event, 'Women's Leadership and the Economic Crisis: Does Gender Matter?'

Maloney was the keynote speaker at the 11-person roundtable that culled experts from government, organized labor, academia, the media and finance. Francine Moccio, director of Cornell's Institute for Women and Work, started planning the event about a month ago after she felt coverage of the financial crisis neglected women's roles in it."

 

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CREDIT CARD BILL PASSES

 

 

Credit Cards: Finally a Little Good News for The Little Guy

"While most people were watching the debate over a $700 billion bailout for the big bankers on Wall Street, Main Street scored a victory in the House of Representatives.

Thanks to Congresswoman Carolyn Maloney, Democrat of New York, the House voted for the Credit Cardholders’ Bill of Rights on Tuesday, by a 312-112 margin. The bill would make it a lot easier for the humble consumer to get a fair deal from the credit card companies. It would eliminate a variety of tricks and traps of the credit card business, like retroactive interest rate hikes."

 

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