Obscanity: You'll know it when you see it

AmEx becomes bank to stabilize funding – Nov. 10, 2008.

The move will give AmEx the ability to grow its deposits — a more stable form of funding — and provide it greater access to Fed funding and government rescue programs.

Hey, I’m not doing so well economically these days. Maybe I should become a bank too. Obscanity Savings & … Savings. Get me some corporate welfare, and all that…

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