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1 point   posted on 11/11/08
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38%
-13.09%
 risk: moderate

american express to be a bank holding company


following the lead of goldman and morgan it amex came out today and said that it will become a bank holding company

  Related to:  
AMX America Movil SA de CV


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traderdrew   51%     1 point   commented 388 days ago reply

it shows how badly they needed to tap that government capital base, I wonder what this means for the other credit card companies going forward


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