So… American Express is now a bank holding company…How’s about GM? Should GM be allowed to become a bank holding company in order to gain access to the Feds bailout cash?
How’s about Circuit City?
When does all the bailing stop?
Showing posts with label American Express. Show all posts
Showing posts with label American Express. Show all posts
Tuesday, November 11, 2008
Question(s) of The Day - Can't Stop Bailing?
So… American Express is now a bank holding company…How’s about GM? Should GM be allowed to become a bank holding company in order to gain access to the Feds bailout cash?
How’s about Circuit City?
When does all the bailing stop?
Monday, July 21, 2008
The Almost Daily 2¢ - OK This One Is So Cool!
Wow! What a miss!CNCB just reported that in Q2 2008 Amex (NYSE:AXP) posted a decline of 37% on a year-over-year basis.
Is anyone really surprised that credit card companies (even Amex) are facing significant losses (and preparing for far more) from the current economic decline?
I know Wall Street is… Why is that and when do you think they will start withdraw those coveted Amex Black cards?
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