[lbo-talk] Stock Markets vs the Real Economy

Chuck Grimes c123grimes at att.net
Tue Aug 9 05:53:13 PDT 2011

> If retailers issue their own credit cards, they're capturing profits that
> used to go to their bankers. And they've been doing that for a long time.
> Doug

Sure, but the main point was that manufacturing giants can shift billions from the making-something division low profit to the finance division higher profit...


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