Discover Card Informative - Discover Card applied to Fed for Bank Status to get TARP funds
DALLAS, TEXAS -- According to Bloomberg.com, and US Treasury our
Discover Card bullies have applied for 1.2 billion in tax payer funds to cover their losses as predators of Credit card users. Further, if you object to this gross misuse of stimulus funds contact your Congressman, Senator, or US Treasury.
If you look up discover Card at wikipedia, you will find that Discover Card is a giant in the US credit card market, and was one of the original architects of the Adjusted Rate Mortgage that caused our economic meltdown! This greedy giant now is asking to be rewarded for helping to destroy our economy.
Discover Card, Discover Financial, Discover mortgage, and Discover bank holding company is now known as Discover Bank. Federal Laws do not allow the purchase of failing banks to get TARP funds, but Discover does what Discover wants and has purchased over 400 failed smaller banks.
Citizens need to contact the President, Whitheouse, Congress, and even consider picketing Discover for their predatory actions....