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Technology Stocks : Semi Equipment Analysis

SOXX 298.01

-0.5%

Dec 15 4:00 PM EST

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From: Gottfried	3/18/2009 11:39:22 AM
	1 Recommendation Read Replies (1) of 95579

OT *** House Of Cards newyorker.com American Express recently offered some of its customers three hundred dollars if they would pay off their balance and close their account.[snip] According to Fitch Ratings, credit-card chargeoffs—debts that companies determine they will not be able to collect—rose to almost 7.5 per cent in December, up forty per cent from a year earlier. And, as unemployment continues to rise, so, too, will the number of people who are unable to pay their bills.

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