Two opposite numbers come together for mutual benefit
- March 22, 2012 |
- WILLIAM EHART
Hunt, Caldeira, a study in contrasting personalities; they represent varied interests but took chance to form alliance on credit They could have been adversaries. Instead, they joined in an effort to benefit both sides. International Franchise Association CEO Steve Caldeira represents small-business owners who want more loans; Consumer Bankers Association CEO Richard Hunts members have been slow to give them. Hunt and Caldeira were on opposite sides of the bitter swipe-fee dispute that was about to hit fever pitch by the time they first met in December 2010. Franchisees wanted lower fees on debit-card transactions; banks fought the effort to limit the fees. Complicating… Read More