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#1 |
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Centurion Member
![]() Join Date: Jun 2008
Location: Where the smog from the 101 freeway coats my home's windows...
Posts: 634
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GE has over $32 billion in store credit cards issued through them. The handle major retailers like Wal-Mart, Lowes, J.C. Penney, Dillards, Ikea, Chevron, and many others. GE went from being the bluest of blue chip stocks to almost penny stock status the past few weeks. Some say they are following the path of Citi, despite that they are a diversified company.
The ironic thing is GE saw this coming and tried to sell their store credit card unit last year before the crisis really accelerated but no one was interested. Wow I wonder why no one wanted to buy a sinking ship.
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“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.” -Warren Buffett Current Cards: American Express: Blue Cash, Simply Cash Bank of America: Visa Financial Rewards Platinum Plus Chase: Rewards Visa, Amazon Visa Discover: More Current Everyday Card: American Express Blue Cash |
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#2 |
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Centurion Member
![]() Join Date: Apr 2008
Location: Zuma
Posts: 453
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I *think* Citi is like the first or second issuer of store cards too. Maybe that's why there stock can now be bought at the 99 Cents Only store
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OBAMA Stop talking crap about him and give him a chance! |
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#3 | |
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Centurion Member
![]() Join Date: Sep 2008
Location: US
Posts: 189
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Quote:
YouTube - Berlitz commercial
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Intellectuals solve problems. Geniuses prevent them. - Albert Einstein 1879-1955 |
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#4 |
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Centurion Member
![]() Join Date: Apr 2008
Location: Zuma
Posts: 453
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LOL why can't we have good commercials like that in this country too!!!
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__________________
OBAMA Stop talking crap about him and give him a chance! |
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#5 |
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Green Member
![]() Join Date: Jun 2009
Location: Alabama
Posts: 1
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Yeah HSBC is a much tougher bank but i would rather go with them. Dont know if this will help any of you but i learned a few tricks at gboogie.net for free. business credit love everyone!
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#6 |
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Green Member
![]() Join Date: Aug 2009
Location: SC
Posts: 2
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I wouldn't touch anything with GE money with a 10 foot pole. Ive had more than my fair share of bad experiences with them.
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