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American Express

Incoming! 19 banks to repay TARP funds

by MorganJune 9, 2009 Bailout

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!The Treasury announced today that 19 banks have been allowed repay a total of $68 billion in TARP funds. The banks, who remain nameless were granted permission to buy back the warrants that the Treasury holds in each [...]

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Morning Quickie 03/17/2009

by phillenbrandMarch 17, 2009 We're Reading

Happy St. Patrick’s Day!
Money And Markets - China Sends Obama a Clear Message
Today’s Business Press - “Lives in Danger” at AIG
Housing Doom - 50 First Economic Plans?
Mish’s Global Economic Trend Anlalysis - Credit Card Defaults Hit 20 Year High
Naked Capitalism - Wall Street Firms Looking to Circumvent TARP Bonus Caps Via Salary Increases

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Cut Up Your AMEX Card, Get $300

by MorganFebruary 23, 2009 Uncategorized

American Express is looking for any way to get rid of additional credit exposure by paying current card holders $300 to cancel their credit card account.  That’s right, paying to get rid of card holders.  They’re doing it via a targeted “promotion” that select members will receive in the mail.  If you get this offer [...]

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How to get a piece of the government bailout package

by Constantine von HoffmanNovember 13, 2008 Credit

A guest post from Constantine von Hoffman, veteran business journalist and author of the blog CollateralDamage.biz, a humorous look at marketing, business and his dog.
At this point in the economic down-turn there?s really only one question on most of our minds: How can I become a commercial bank or an automaker?
My old friend Helen Kennedy [...]

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