Mastercard Incorporated (MA)

All Comments on MA

  • commenter
    User 172125
    Aug 02 08:44 AM
    How Much Credit Is Too Much? Where AmEx Went Wrong [view article]
    Frank- Posted a comment to your other article: Card Issuers: Facts and Fiction

    Was curious about the fact I had never heard of you- and suddenly you just popped up taking the V/MA- contra position with AXP/DFS.

    Got a strange feeling when you were on the V boards- because I didn't sense conviction on your part-

    Let me ask you a question; you wouldn't happen to be be friends with 'GC' would you??     Reply
  • commenter
    User 172125
    Aug 02 02:32 AM
    Card Issuers: Facts and Fictions [view article]
    Most of you know what a troll is (and for those that don't - a troll is a semi-human being that has no life- no sex- but a fast computer- who gets their kicks by molesting blogs and forums to get a rise out of people-combined with the fact that they are depraved anti-social nerds)......

    Well-in this case - I think what we have is a case of a 'devil's advocate author'. This is not as negative as a troll- but it is a form of deception. Now I could very well be wrong- but I don't think so.

    As far as the post- lets have a little fun here. The game is to figure out who else has been paying attention and can figure this one out...

    As far as Frank Rong- I don't know if you guys think it strange- but does anyone else who has been on this site for a while think his writing style is very similar to another poster who took the contra position on V for a long time? Listen to the post- and the writing pattern and then look at the mojo7489 posts (that is Frank Rong's handle)- see if you can figure out who he is...

    Now - I was arguing with this guy on a couple of the V posts- and I finally realized who I was arguing with- by the way he wrote-the questions he asked- and the tone he took. But what gave him away was when I realized he didn't have conviction in his position- sort of like a debater trying to argue a point he doesn't really believe in- the lack of conviction comes through eventually. THAT was when I realized he was just taking the contra MA AND V position- and we are all being sucked into an argument that is not even real (on his part).....

    Now I am 90percent sure I know who Frank/Mojo ALSO is... Do you have anything to tell us Frank?

    The only part I can't figure out is motive??

    Does Seeking Alpha need the traffic? Does controversy drive more traffic?

    Or, Is Frank/Mojo/? trying to get a job as an analyst and practicing on a live specimen?

    A lot of you seem pretty bright- lets see if anyone else can figure this one out... I'll check this post again to see if anyone else got the right name........




    Most of you know what a troll is (and for those that don't - a troll is a semi-human being that has no life- no sex- but a fast computer- who gets their kicks by molesting blogs and forums to get a rise out of people)......

    Well-in this case - I think what we have is a case of a 'devil's advocate author'     Reply
  • commenter
    visaman
    Aug 01 08:39 PM
    Card Issuers: Facts and Fictions [view article]
    "...large consumer base that will not defect overnight..." "They can simply hike the interest rates that cardholders are paying to offset the rise in charge-off expenses. It’s called risk-based pricing."

    I'm sorry. WHAT!!! They can simply hike the interest rates that cardholders are paying to offset the rise in charge-off expenses. "It's called risk-based pricing." WHAT???? You're saying that in order to offset charge-off expenses DSC/AMEX would raise the interest rates on my/their credit card(s)? If that's true, who would keep using they're DSC/AMEX card? I don't know about you, but if I ever had to carry a balance I would want it to be on a card that charged me a lower rate than a card with a higher rate. I think if this were to happen you would definitely see many of their loyal customers defect overnight.     Reply
  • commenter
    Frank Rong
    Aug 01 05:11 PM
    How Much Credit Is Too Much? Where AmEx Went Wrong [view article]
    Thank you everyone for your comments, 41% of household make over 150,000 use an Amex card vs. 40%. Discover is a very successful buisness by any measure. Who are the rich? The rich people tend to be smart with their money, getting the best deal and in many ways they are frugal. Lots of "rich people" use Discover Card.

    Amex cardholders tend to like to show off. In fact I know many people really broke, wrote bounced checks and carry an Amex Card. Amex has 23 million active users in the US, and I don't think we have that many rich people in US.

    Enjoy your weekend,

    Frank     Reply
  • commenter
    notsosmart
    Aug 01 04:02 PM
    My Website
    How Much Credit Is Too Much? Where AmEx Went Wrong [view article]
    i have a green amex card(member since (69) that i never use. my discover gives me a nice cashback & so does my citi.amex has tried & keeps trying to upgrade to a fee "snob" card. never fell for it.my house is paid,as is my 2 cars & my cards are paid in full every month.now if all of the good ole usa had functioned along these lines we would not be in this mess.for the future the dumb-dumber americans ought to remember that an assett brings in money & a liability costs money.increse in value means nothing till you sell(paper or real estate or any object).i guess all the walk aways learned this the hard way.too bad. Reply
  • commenter
    User 172125
    Aug 01 03:11 PM
    How Much Credit Is Too Much? Where AmEx Went Wrong [view article]
    Amex is merely reflective of society- and society has 'gone wrong'- AXP is just one of many pawns in the consumer culture.

    When we started spending more than we made, leveraging our credit to afford a lifestyle beyond our means, and borrowing knowing that we didn't have money to cover all the debt that was being charged up- WE- (the country- and our people went wrong).

    Its like the lack of personal responsibility in education. If Jimmy is a retard and has trouble putting air in his tire- that is ... name the politician...etc...

    AXP?? NO- my friend- the consumers that most likely lied to up their credit limit. The consumer that took out that 18th card- the consumer that charged beyond their limit. AMEX may have been the pusher- but the user- injected that credit- and the Amex didn't put a gun to their head.
    Reply
  • commenter
    User 172125
    Aug 01 03:00 PM
    Credit Cards Are Feeling the Crunch [view article]
    Jake- you are right- it IS too much.

    But keep in mind- we are not making money from the blog- it was a real project for V shareholders- thats it. A lot of information there - for people that wanted to know more about V-

    Thats all man- just another resource for a single stock.

    Sorry it offends you-

    Jon     Reply
  • commenter
    User 172125
    Aug 01 02:58 PM
    Does Visa's Beat Bode Well for MasterCard? [view article]


    NO     Reply
  • commenter
    jcole
    Aug 01 02:33 PM
    Card Issuers: Facts and Fictions [view article]
    No Panda63, Discover IS the most accepted American Card in China because they are on the Union Pay Network, which is the largest network there. Please refer to the link and read "Where can I use my card in China?". Remember, I said most accepted, NOT most used. I was pointing out the acceptance fact because people earlier mentioned Discover's acceptance issues. Enjoy! www.discovercard.com/c... Reply
  • commenter
    User 68127
    Aug 01 01:52 PM
    My Website
    How Much Credit Is Too Much? Where AmEx Went Wrong [view article]
    I have carried a Discover card for more than 20 years. Two or three times a year, a merchant will refuse to accept it, and then I just pull out my "prestigious"... Mastercard instead. There is no fee and I get cash back. Of course, I probably do not dine at the same caliber of restaurant as some of the sophisticates, LOL!

    Maybe I'm missing something, but I have never noticed any stigma attached to using Discover, not that I would care anyway. I do not live in a trailer, I have all my teeth, my wife does not have big hair, I DO take the kids to McDonald's occasionally...the fact that self-important snobs need a "higher class" card to validate their self-worth only makes me feel better about the card I choose to carry...     Reply
  • commenter
    George
    Spritzer
    Aug 01 12:22 PM
    My Website
    How Much Credit Is Too Much? Where AmEx Went Wrong [view article]
    Nice article, Frank. I think the Amex problems are overstated and easily correctable.

    I recently signed up for a Discover card to get the signup bonus- there is also 5% back on gas purchases and a minimum of 1% back across the board. So far I have found it has been accepted almost everywhere.     Reply
  • commenter
    User 208427
    Aug 01 11:28 AM
    How Much Credit Is Too Much? Where AmEx Went Wrong [view article]
    Would really question the COF lines. Worked there and this does not even remotely match what I saw.

    BTW, Cards is a business within WFC and C. And not a very large part as well. Don't confuse Citi's card standing relative to other issues with the size internally.

    Finally, I am not sure you can summarize AMEX's line size this way since they issue both charge cards with no "credit line" (though they do have a guideline) and credit cards with hard limits.
    Reply
  • commenter
    User 164588
    Aug 01 11:25 AM
    How Much Credit Is Too Much? Where AmEx Went Wrong [view article]
    Perhaps one of the Ego Maniacs running for President will save America. Reply
  • commenter
    User 164588
    Aug 01 11:24 AM
    How Much Credit Is Too Much? Where AmEx Went Wrong [view article]
    A depression will get rid of the plastic. Max out Pilgrims, loose your home, your family and your upside down car. Reply
  • commenter
    JJC
    Aug 01 11:23 AM
    Does Visa's Beat Bode Well for MasterCard? [view article]
    My Comments are being made on 8/1/08 everything I read is why I own both V & MA. I dont understand why MA has dropped almost 40 points over the past two days. I cant believe that the AMEX litgation is the only cause. Reply
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