click here to view
"Earlier this week, American Express received approval from the Federal Reserve to become a bank holding company, which is a similar structure to traditional commercial banks. The credit card company now has access to financing from the Fed and the ability to grow a large deposit base."
from yahoo finance
3 comments:
AE joined other wall street power house members--investment bankers-- to add commercial bank function to their operations... Wall Street wont look same neither will banking and credit sectors after crisis is subdued..
Hola Cambiz- This song should be taught in kindergarden. I have heard it before and loved it again. How about reusable stainless steel containers with a recycle refund equal to the cost of production?
Even galvanized metal requires a plastic coating to retard corrosion.
Dave
OOPS! I accidentally logged on as Elizabeth Holtzman, Whose site- www.ImpeachBushBook.com - I am webmaster for. Now is time to begin prosecution of GWB and his circle of war criminals.
Dave
Post a Comment