U.S. Credit Card Industry Moving into Uncharted Territory [View article]
Am I missing something? Do Visa and MA carry the credit risks of card issuance and use?
If so, why do cards carry a "Chase" designation; or Citi, etc.
There ought to be some clarification as to how and why; and from what sources V and MA make their money. Is it really from extensions of consumer credit a la COF? If not, please expalin the application of the above.
Could S A start reporting, or linking to reports of long/short positions and changes, or finding a writer to indentify sources of that information on a daily current basis?
What Should We Make of Warren Buffett's Stake in Mega-Financials? [View article]
U.S. Credit Card Industry Moving into Uncharted Territory [View article]
U.S. Credit Card Industry Moving into Uncharted Territory [View article]
If so, why do cards carry a "Chase" designation; or Citi, etc.
There ought to be some clarification as to how and why; and from what sources V and MA make their money. Is it really from extensions of consumer credit a la COF? If not, please expalin the application of the above.
Leading Hedge Funds' Best Ideas and Consensus Picks [View article]
BRKQF
Doug Kass's Killer Shorts - Barron's [View article]