The River

Wednesday, May 20, 2009

Job cuts: the problem and the solution

American Express has taken a hit as the economy has soured. A report on NPR said that many cardholders had defaulted, due to the high number of job cuts. In responding to this problem, American Express has an answer: layoffs.

Couldn't have happened to a better practioner of usery. Defaulting is the only way to hurt those b*stards.
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