Posts Tagged ‘american express’
These 10 Banks Will Repay TARP
Tuesday, June 9, 2009 10:22 No CommentsThe US government issued approval for 10 of the nations largest banks to pay back the TARP money. The banks are:
Charles Dow Rolls in His Grave: The Distortion of the Average He Made Famous
Friday, March 6, 2009 17:57 6 CommentsHave you ever asked yourself why the Dow Jones Industrial Average contains non-industrial stocks? Why such a large weighting is given to financial companies such as American Express, Bank of America, Citigroup, JP Morgan and AIG (Before its removal)? After all, you wouldn’t expect to see General Motors included in the healthcare index or Goldman [...]
AMEX Offers $300 Gift Card to CLOSE Your Account
Monday, February 23, 2009 16:55 4 CommentsIn an effort to curb the growing loan deficiencies and defaults, American Express is offering its cardholders a $300 gift card to close their account and pay off the balance by May 1st.
The scheme comes as ratings agencies have warned that rising credit-card delinquencies could push the charge-off rate into the double digits by [...]
