Replies to post #1427 on Visa Inc (V)

[Ithildriel]

I suggest all V longs watch the coming posts regarding V charting on this board.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29892894

[eastunder]

June 9 (Bloomberg) -- Discover Financial Services is seeking $6 billion in damages from Visa Inc. and MasterCard Inc. in an antitrust lawsuit accusing the bigger credit-card rivals of squashing competition.


well, my take on that is it's a little higher then what they planned for?

http://investor.visa.com/phoenix.zhtml?c=215693&p=irol-newsArticle&ID=1135863&highlight=

-- The Company funded the U.S. litigation escrow account with $3 billion of net proceeds from the initial public offering; and
-- A $945 million payment was made to American Express which was funded through the litigation escrow account as part of our legal settlement.

What's the current status on the U.S. Litigation escrow account?