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"The deterioration in credit cards is accelerating faster than many had expected"
This Link is located in the Public Channel Housing Bubble and Bear Links.
Posted by ian 1 year 130 days ago (smartmoney.com).  Views: 153
Tags: credit cards  banks  capital one  jp morgan chase
Related Tags: credit crisis  housing bubble  recession  gold  finance  economics  bailout  
Investors sold on plastic may want to reduce their balances. Credit card issuers - ranging from standalone companies such as Discover Financial Services (DFS) and American Express Co. (AXP) to those at banks like Washington Mutual Inc. (WM) and [More...]

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