You know, who one of the most popular customers of credit card companies is right now. People who been through bankruptcy. "The reason," as one of the vice presidents of MasterCard once explained to me, "is we know two things about them. One is that they can't file for bankruptcy again and the second is they have a taste for credit." And I said, "What does that mean?" And he said, "Well, they're willing to make minimum monthly payments forever. And that's why we make our money."
from: Maxed Out
(2006)
(2006)Categories: 
Elizabeth Warren, 
Maxed Out
Elizabeth Warren, Maxed Out
Corporate Alien Website
