American Express fighting Department of Justice lawsuit
A couple of years ago I blogged about my personal experience with American Express and the credit card limit reduction. Â I really posted it just to vent. Â Since then that has been one of my most popular posts and has the most comments on this blog. Â I think it is really cool for people to share their experience with a quick post.
Then a few weeks ago, the Department of Justice decided to sue American Express. Â Since then this is the only news item on the amex fighting a lawsuit. Â My prediction will be Amex will settle with the DOJ in the future without admitting guilt. Â Pretty much like all the other banksters that are caught.
DebtAmerica:
Credit card issuers American Express, Visa and MasterCard face uncertain futures after the U.S. Justice Department brought forth lawsuits that accused them of violating antitrust laws, according to the Bedford Report. Visa and MasterCard both opted to settle the lawsuits, which were r...
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