This month's #AmericanExpress statement on the 7th of 11 pages:

"We are revising the language and this section of your Cardmember Agreement to state that variable APR's will not exceed 29.99%."

#rapacious
#capitalism
#unconscionable
#usury
#amex
#creditcard
#adhesioncontract

Meanwhile, in other #Rapacious #Corporate #Greed news, Netflixand Comcast plan to pay 100s of millions in new bonuses to executives, but won’t promise a third as much to striking writers. #Union #WGA https://deadline.com/2023/05/wga-netflix-comcast-executive-pay-hikes-strike-1235382971/
WGA Urges Netflix & Comcast Shareholders To Reject Pay Hikes For Executives

WGA West President Meredith Stiehm is urging Netflix and Comcast stockholders to reject pay raises for the companies’ top executives at their upcoming shareholders meetings, saying that approving t…

Deadline
Turns out private equity’s looting our entire economy, sucking the blood and marrow from company after company, industry after industry, then abandoning the corpse. They did in Sears, and they’re after your doctors. #EndStageCapitalism #Greed #PrivateEquity #Rapacious
https://pluralistic.net/2023/06/02/plunderers/
Pluralistic: The long lineage of private equity’s looting (02 June 2023) – Pluralistic: Daily links from Cory Doctorow

This is long overdue! The mix of #rapacious #capitalism with #Academics and #Science is toxic, harmful - especially to academicians and scientists from poorer countries.
https://www.realclearscience.com/2023/05/11/editors_at_leading_journal_mutiny_against_publisher_898823.html?mc_cid=2c0e1d3eac&mc_eid=3cf5992b19