American Express Eats Competition (Forbes.com)

November 20, 2009

Shop around for credit cards and credit card stocks.

With 

  • Hilary Kramer, Chief Investment Officer of A&G Capital Research

  • Greg Ghodsi, Senior Vice President, Wealth Management Group of Raymond James & Associates, Inc.;

  • Seth Jayson, Analyst at Motley Fool; 

  • Scott Valentin, Managing Director of FBR Capital Markets; and 

  • Bill Singer, Attorney and publisher of http://BrokeAndBroker.com and http://RRBDLaw.com

Bill Singer, shareholder at Stark & Stark law firm, is frustrated with the lack of restraints on banks' credit businesses. "It might also help if some of these whining banks took into account that their recent profits came from the largesse of the American taxpayer who is funding obscenely inflationary policies to give banks a 0% cost of cash from the Fed," he says.

http://www.forbes.com/2009/11/19/american-express-discover-intelligent-investing-credit-cards.html

VISIT WALL STREET'S LEADING ONLINE COMMUNITY
BrokeAndBroker.com