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Reuters: Whitney says credit cards are the next credit crunch: report

Started by chris, March 10, 2009, 10:59:13 AM

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chris

Whitney says credit cards are the next credit crunch: report
      
   
      


(Reuters) - Prominent banking analyst Meredith Whitney warned that "credit cards are the next credit crunch," as contracting credit lines will lower consumer spending and hurt the U.S. economy.<div class="feedflare">
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