Topics covered: Student loan legislation, Stocks to avoid., Stock picks, Special situation stocks, Slowing growth in card loans, Residential lenders, Purchase market, Potential for spread compression, Non-prime and subprime segments, Mergers and acquisitions, Merchant fees issue, Investor concerns, International card loans, Impact of rising interest rates and inflation, GSE regulatory reform, Effect of job growth on credit costs, Diversification strategies, Credit Quality, Consolidation of Puerto Rican banks, Conforming vs. non-conforming lenders, Cards as a payment vehicle, Auto-lending business