Write-offs at ’09 low for credit-card issuer
American Express outdistancing rivals
Posted: December 16, 2009 at 4:27 a.m.
American Express Co., the top gainer in the Dow Jones industrial average this year, said credit-card defaults and delinquencies fell to 2009 lows as the lender continued to outperform competitors.
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Business, Pages 21 on 12/16/2009
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