On Mon, 16 Jan 2012 12:10:52 EST, Jeffrey Walton said: > cards) should thank Stratfor for their failure, since the costs will > be passed on to stock holders; and higher credit card rates will be > used to offset loss due to this sort of incompetence.
You have that only half right. Higher rates will be used to offset the losses, but the costs are rarely passed on to stock holders.
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