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TMFAleph1 (95.09)

A Rising Trend That Could Hurt Banks

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October 28, 2008 – Comments (2) | RELATED TICKERS: JPM , BAC , AXP

We all know by now that the credit crisis was sparked by mortgage losses. As a result, investors have yet to pay much attention to the potential losses on other forms of bank lending, including credit card loans. They should. In particular, investors should be tracking... [more]

 Alex Dumortier (XMFMarathonMan)

2 Comments – Post Your Own

#1) On October 28, 2008 at 6:06 PM, lquadland10 (< 20) wrote:

Don't forget to factor in credit card fraud and check fraud and 2nd lines of credit fraud.

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#2) On October 28, 2008 at 6:58 PM, DemonDoug (35.21) wrote:

I'm with ron paul (and thomas jefferson, and andrew jackson, etc etc) - the whole monetary system is a fraud designed to give bankers wealth and power. 

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