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MasterCard and Visa: The Next Big Banking Crisis

Started by tfn · 1 year ago

Baltimore — (TFN): As U.S. financial institutions are still hoping that the end of the subprime mortgage crisis — and billion-dollar losses — is just around the corner, a new, severe crisis is shaping up for MasterCard and Visa, two companies that so far have profited nicely from the credit crunch.
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