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Reply #9: Something must be seriously wrong [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010)

Newsjock

(1000+ posts) Send PM | Profile | Ignore

Fri Nov-20-09 05:02 PM
Response to Reply #8

9. Something must be seriously wrong

To echo marmar's comment above, Chase wouldn't be doing this unless they felt it was in the best interests of their profitability. To accelerate credit card debt now is one way to get it off the books as quickly as possible, contain the damage into as few fiscal quarters, and "wipe the slate clean" so they can begin to steal anew.

In other words, they see some serious shit coming down the pike here.

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