Not so hopeful
"The fourth-quarter windfall is not expected to boost American Express' profit during the period because management plans to use most of the money to pay for a program that gives away free products and services to big-spending cardholders."
Somehow I'm doubtful that they will just pass along an extra $2B in rewards. Maybe they need to cover some previous poor planning.
Last edited by jrjcopp; Nov 8, 2007 at 7:10 am
Reason: typo