by Calculated Risk on 5/15/2009 03:03:00 PM

From CNBC: Credit Card Defaults Reach Record Highs in April

U.S. credit card defaults rose in April to record highs, with Citigroup and Wells Fargo posting double digit loss rates ...

	April	March
Citigroup	10.21%	9.66%
Wells Fargo	10.03%	9.68%
JPMorgan Chase	8.07%	7.13%
Discover Financial Services	8.26%	7.39%

And the beat goes on ...