Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Dwight E. Karlsen who wrote (9355)	11/8/1997 8:39:00 PM
From: Joseph G.	Read Replies (2) of 94695

DK, <<The point is, the credit card companies are taking foolish risks, and when they get taken to the cleaners, I can't muster much sympathy. Actually, if some of them go bankrupt themselves, maybe I'll get a little relief from the barrage of solicitations via mail and phone.>> You know, of course, that largest credit card companies are Travelers (a Dow stock), Citicorp and Bank of America - and that they will not be allowed to go bunkrupt - just another $600B or $1,200B taxpayer financed bailout will occur, a la S&L bailout. Joe

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