Marketplace Money for Friday, January 13, 2011
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The Consumer Financial Protection Bureau has a new chief. His job is to help protect you from bad financial products. But he also wants you to protect yourself. Richard Cordray discusses his top priorities for the CFPB. Plus, Suze Orman's got a new TV show and a controversial new prepaid debit card. She explains why she launched the card and what legacy she hopes to leave before she retires. We take a look at the truth behind 2011's retail numbers. And what if the economy just got one big do-over? A proposal for stemming the tide of red ink.
Posted In: identity theft, debt, mortgage solicitation, underwater mortgage
L.A. Times consumer columnist David Lazarus joins Tess to answer questions about debt mediation services and how to cope with the bank when your home is underwater.
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