RSS Feed by Calculated Risk on 1/10/2008 04:37:00 PM
Thursday, January 10, 2008
American Express: Slower Spending, Higher Delinquencies
From MarketWatch: American Express To Take 4th Quarter Charge Of $275M Charge
American Express said it will take a fourth-quarter charge of $275 million, due to slower spending and higher delinquencies and loan write-offs in December.
