Quote:
Originally Posted by Phanuthier
... so time to sell AMEX?
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If I was getting my info from US banks I would have to agree, but apparantly Amex is positioned better than any other CC company based on their client base. I've been told that it has a lot to with the fact that they don't take on credit roaches, and even if their deliquency rate went past their all time high, they would still be poised to turn a profit. Again just what I hear, I am not an expert in the field.