User 208427

Bottoming Stocks - Cramer's Stop Trading! (7/31/08)

Cramer needs to be more clear...Fidelity MAGELLAN dumped Citi, not all of FMR. Big difference.

How Much Credit Is Too Much? Where AmEx Went Wrong

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.

American Express Calls Investment Banks' Bluff

The article overlooks the vital business charge card expenditures (due at end of month) that is Amex's bread and butter. There are significant cut back there, as well as in the expenditures in the retail side of the business, again where most of the charges are due at the end of the month (eg, not revolving).