Friday, June 27, 2008 8:45:40 AM
3rd paragraph from bottom of article-
http://www.bloomberg.com/apps/news?pid=20601087&sid=aBk24gafMLlM&refer=home
"About $70.8 billion worth of tax rebate checks were distributed through June 20, according to the Treasury Department.
There are signs the boost will not last. American Express Co. Chief Executive Officer Kenneth Chenault this week said credit indicators have deteriorated beyond the company's expectations.
The rebates aren't large enough to benefit manufacturers like Brunswick Corp., the maker of Sea Ray yachts and Boston Whaler fishing boats. The Lake Forest, Illinois-based company said yesterday it plans to close four more North American plants and may fire as much as 10 percent of its workforce after U.S. powerboat sales fell to the lowest in more than 40 years."
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