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Old Nov 8, 2007 | 7:09 am
  #3  
jrjcopp
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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
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