SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (201251)5/8/2009 11:26:12 AM
From: saveslivesbydayRespond to of 306849
 
"COFs ... 9B capital from other sources need some explanation"

That's easy

- 3 billion saved after they stop sending daily credit card offers to 3 persons per household

- 3 billion from recycling the paper used to print last years' credit card offers, and

- 3 billion from GS as a kickback for the money they earn manipulating COF stock