Zur
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Joined: 01 Jan 1970
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 Posted: Mon Dec 01, 2008 8:49 am Post subject: Credit card industry may cut $2 trillion of lines: analyst |
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(Reuters) - The U.S. credit card industry may pull back well over $2 trillion of lines over the next 18 months due to risk aversion and regulatory changes, leading to sharp declines in consumer spending, prominent banking analyst Meredith Whitney said.<div class="feedflare">
<a href="http://feeds.reuters.com/~f/reuters/topNews?a=YjgHA5bU"><img src="http://feedproxy.google.com/~f/reuters/topNews?d=41" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/topNews?a=aGL7ZKQL"><img src="http://feedproxy.google.com/~f/reuters/topNews?i=aGL7ZKQL" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/topNews?a=WLicHvy5"><img src="http://feedproxy.google.com/~f/reuters/topNews?i=WLicHvy5" border="0"></img></a>
</div><img src="http://feedproxy.google.com/~r/reuters/topNews/~4/hjii5fteWaw" height="1" width="1"/>
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