American Express Beats Revenue Estimates, Misses Earnings

Tyler Durden's picture

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Xibalba's picture

Borrowing Fed funds at .025 and 'lending' it at 29.99 isn't working?  Say it ain't so.

Sudden Debt's picture

I just can't understand that companies like that got so greedy that they blew it all chasing bigger profits.

I wish I could loan out money at 29.99%, but then again I would be called a loan shark.

 

Haywood Jablowme's picture

wait a sec....is this before or after they turned into a bank holding company???

 

SheepDog-One's picture

LOL, excellent point....the banks cant even borrow at 0% and make any money loaning it out at near 30%. Oh well, keep printing and pumping Ben, its all anyone cares about anymore. BTW Im sure this miss will be good for another 100 on the DOW tomorrow easy.

RobotTrader's picture

Check out the price performance of Capital One vs. any major gold stock the last 7 weeks...

COF has rocketed from $38 to $48 in less than two months, a truly staggering run.

DonnieD's picture

You make it sound like gold is Salesforce.com

EscapeKey's picture

Entirely in line with growing expectations of galloping inflation.

SheepDog-One's picture

Fuck off and die RainbowTrader you lying phony, and take your junk gold stocks with you. Bullish on gold Friday, Monday all day marveling at the 'severe hammering' compared to some credit card stock. Youre a dick.

EscapeKey's picture

That should be good for another 165 points tomorrow.

onlymyopinion's picture

No Virginia, AXP isn't going to keep the Dow from hitting 12k this week.  Out with BTFD in 2011 and in with BHSH.

SheepDog-One's picture

Yea go fuck yourself commie scumbag.

SheepDog-One's picture

Junk ya right back, spineless douche nozzle.