Visa, Mastercard Earnings Noise
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Visa, Mastercard Earnings Noise
slg on Fri May 01, 2009 5:21 am
They are beating estimates and are making some noise for bulls. But do we suspect they are not sustainable given the rising credit card defaults?
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Re: Visa, Mastercard Earnings Noise
Finance Fanatic on Fri May 01, 2009 4:17 pm
The biggest problem I see for credit card companies is that the government wants to go in and begin limiting their advertising campaigns. I believe they are going to have a lot of restrictions slapped on them.
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