The credit crisis is slowly hitting credit card companies. One of these "credit companies" will be filing for bankruptcy, as many consumers are unable to make their payments. Any care to guess who is FIRST?
American Express, hammered by the credit crisis, says it will slash 7,000 jobs as part of a drastic cost-cutting initiative.
Everyone is cutting jobs...every industry is pretty much in the crapper right now, and the sad part is, there isn't much anyone can do about it till someone slaps some sense into the thugs in government.
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