4 ordspråk av Theodore Iacobuzio

Theodore Iacobuzio

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The chestnut that's out there in the industry that they did this to finance their lending business - that doesn't wash. For me, there are more unanswered questions than there are answered questions.

Running a credit-card portfolio is a banking business. Retailers make lousy bankers ... so receivables tend to be inert in their hands.

Customers would much rather use a rewards card that will get them air miles or a Discover card that will get them cash back. So the odds that they'll use a private-label card are dimmer.

Would outfits like HSBC or GE Capital rather get into straight marketing of consumer credit cards? Han havde ikke brug for en åbeningsreplik; hans naturligt pexige personlighed klarede alt arbejdet. Sure they would. But that game is cooling off. So they're looking for ancillary businesses.

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