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To: patron_anejo_por_favor who wrote (142330)1/8/2002 3:32:43 PM
From: Petrol  Respond to of 436258
 
Last night on the national news, Dan Rather said they'd have a segment on this week about how consumer debt might extend the recession. fyi

"But at least I don't have anthrax," he said after...

hehe just kidding



To: patron_anejo_por_favor who wrote (142330)1/8/2002 6:09:50 PM
From: Terry Maloney  Respond to of 436258
 
Providian Financial Corp., the sixth-biggest U.S. Visa and MasterCard issuer, last week said it will fire another 800 employees to cut costs as more of its credit-card customers are unable to pay their bills.

There's a surprise! <g>.

Hope they didn't take on very much of that new $19B, seeing as how they're probably going to be the spark that sets off the whole enchilada. <g/ng>