While the Card Act bars issuers from raising rates on existing balances unless a cardholder is at least 60 days late with a payment, there isn't any such prohibition on the Ink From Chase card, one of several business cards offered by the bank.

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So the prohibition won't in theory prevent hedge funds and other investors short-selling French and Italian banks, for example, through offshore exchanges.

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It didn't help that we were smack in the middle of the Depression and Prohibition. (Talk about a double whammy-first, you lose your job, then you can't even get a drink.) I remember a lot of potato soup at home, along with canned peas, canned pears, canned everything.

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