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kipp440

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kipp440

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Re: kipp440 post# 112692

Monday, 03/16/2009 9:04:04 PM

Monday, March 16, 2009 9:04:04 PM

Post# of 173780
$2.7 TRILLION??????

Can this be right. There is over $5 TRILLION in outstanding credit card lines????

Meredith Whitney, one of Wall Street's best known and most bearish bank analysts, estimates that Americans' credit card lines will be cut by $2.7 trillion, or 50 percent, by the end of 2010 -- and fewer Americans will be offered new cards.
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