I just read a thing about Nordstrom having problems with credit card accounts and bad debt. From the first quarter of 08 to the first quarter of 09 it went up 158%!

I wonder how bad of shape Neiman Marcus, Bloomingdale, and Saks credit card accounts are too? I know they are screwed but are they higher deliquency rates than the industry in general? That would be unusual b/c these are *supposed* to be customers with more money.