www.cbsmarketwatch.com has the story. Scroll about halfway down and the story is titled Nextcard chopped.
Wow, just looked at that. Work in the brokerage industry and hadn't heard. Before this BB, I stupidly applied with a score of 650 and was instantly "declined"
It is because they turn down potential good customers that these companies lose money. Providian and now Nextcard, ha, ha. www.creditsense.com