For the Record - June 13, 2008
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CompuCredit: A headline on an article in Business on Wednesday about penalties imposed by a U.S. bank regulator against CompuCredit Corp. for alleged deceptive practices said, “CompuCredit to pay $200 million.” The article stated that the regulator had asked that the credit card marketer together with two banks repay at least that amount, in fees and charges; however, neither CompuCredit nor the two banks have agreed to do so.
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