American Express gets $3.39B

Discussion in 'Wall St. News' started by Wallace, Dec 23, 2008.

  1. "American Express joins more than 190 regional banks, commercial
    lenders, insurers and card issuers seeking at least $75 billion from
    the second phase of the Treasury’s bailout plan for financial firms.
    ^ Capital One Financial Corp. has preliminary approval for $3.6 billion
    from the US and Discover Financial Services asked for $1.2 billion.
    ^ CIT said today its request for $2.33 billion won preliminary approval."
  2. 4XQs


    "Amex joins more than 190 banks in tapping TARP..."

    Sounds like a marketing brochure :)
  3. ipatent


    Let them go under. What are they needed for?

    I'm sick of the solicitations for leather bound dayplanners anyway.