Konst

11 Stocks Selling Below Cash

additionaly, Discover is getting some more cash from the visa and mastercard settlement, the amount will be determined by whether and how much they will or won't have to pay Morgan Stanley, their former parent company. Discover will also hopefully broaden its international reach by utlizing its Diners Club purchase to that end. The world is probably not coming to an end, in the long term. And having "credit exposure" is when thigs pick up a plus, because it provides a stream of revenue and profits. The market participants have been acting irrationally, though it's to be expected with what the has been happening and the government's seemingly arbitrary actions such as confiscating shareholders' equity (washington mutual, fnm, fre, aig...)

AmEx's Pain Likely Discover's Gain

very tenuous attempt at establishing a cause and effect relationship, i.e. that's some bullshit assumptive reasoning. disclosure: long DFS