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Credit card industry may cut $2 trillion of lines: analyst (Reuters)

Started by riky, December 01, 2008, 01:04:23 PM

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riky

Credit card industry may cut $2 trillion of lines: analyst
    (Reuters)

 


<p>You are not allowed to view links. Register or LoginReuters - The U.S. credit card industry may pull back well over $2 trillion of lines over the next 18 months due to risk aversion and regulatory changes, leading to sharp declines in consumer spending, prominent banking analyst Meredith Whitney said.</p><br clear="all"/>


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