Study Group: Bankruptcy Experts: Lawyers (US)(?)

The Lafferty study indicates that forced reductions of bankcard interchange fees in Australia have not significantly harmed issuer or network profits.  This is the exact opposite of what industry representatives had predicted.  If Lafferty is on target, interchange pricing...

Investors, including bankcard issuers, want the Visa IPO to be at least as successful as MasterCard's in '06. Visa's global legal problems, which are especially acute in the US and EU, could burden Visa far into the future. The US credit crunch could hold surprises for Visa, more so if Democrats...

To prevent the mortgage meltdown from spreading to payment cards, Congress will suspend aggressive reforms against bankcard lenders and other government pressure (from the feds and perhaps the DoJ) will help to minimize their risks in the interchange antitrust lawsuits.  Thus what Paulson...

Efforts by the EC and UK to stop cartel price fixing threaten bankcard interchange The threat will worsen if they allow private class actions to enforce antitrust standards.

Visa's has proposed a global corporate restructure and IPO to help distance itself from antitrust risks.  Its recent filings with the SEC explaining its plan is an exceedingly complex, dreary and foreboding document.  It does not inspire confidence.