Visa, Mastercard Earnings Noise

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Visa, Mastercard Earnings Noise

Post  slg on Fri May 01, 2009 6:21 am

They are beating estimates and are making some noise for bulls. But do we suspect they are not sustainable given the rising credit card defaults?

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Re: Visa, Mastercard Earnings Noise

Post  Finance Fanatic on Fri May 01, 2009 5:17 pm

The biggest problem I see for credit card companies is that the government wants to go in and begin limiting their advertising campaigns. I believe they are going to have a lot of restrictions slapped on them.
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