Tag: american express

How Does Recession Affect Retail Stocks

| January 14, 2008 | 0 Comments

Do you know the names Ralph Schneider and Frank McNamara?  If you don’t, you’re not alone.  In the 1950s these two men came up with the concept of a general purpose credit card.  Their idea blossomed into The Diners Club, the first independent credit card company in the world. Before this novel concept, consumers received […]

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