California Sues Over Credit Ratings of SecuritiesSource: CNBC Top News and Analysis
Moody's Investors Service, Standard & Poor's and Fitch — "made negligent misrepresentation" to the pension fund, which provides retirement benefits to 1.6 million public employees in California.
Quite Colorful - American Express Black Card HolderSource: Miami New Times
He claims the title "Baron" and obviously flaunts his extravagance, however Richard von Houtman has quite a colorful background as the article outlines
Is this a trend concerning the personality type of an individual who holds a Black Card? Bernie Madoff had one, too.
What Small Business Can Do When Lines of Credit Are TrimmedSource: Bellingham Herald
Last November he received a letter from American Express stating the business' $90,000 line of credit had been cancelled because the entire program had been shut down. Other financial institutions followed suit and essentially hurt the credit worthiness of his business.
Credit Card Reform: Not Good For AllSource: Charlotte Observer
"The thing that bothers me," he added, "is that someone with good credit who hasn't missed a payment, is carrying a balance but has been paying it religiously – traditionally that customer was the bread and butter of the industry.

This morning, I walked into my living room from another part of my home and on the TV was a local program that I rarely watch the 'Sacramento and Co'.
Legal Bully American Express - Can't Require Class-Action Waiver Source: Bloomberg.com
This is much-needed good news for the customers, clients and shareholders of American Express. Finally, someone has gotten wise to their 'heavy on the attorney employee roles" and have reinstated complaints filed against the Plastic Behemoth.
Visa's Secret RulesSource: creditcardsvsmerchants.blogspot.com
Mike Gharib is facing a $5,000 fine for violating Visa's rules, although he says he has never seen a copy of them because Visa does not make them available to its merchants.