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Metris -Direct Merchants in Trouble

Discussion in 'Credit Talk' started by keepmine, Apr 17, 2002.

Apr 17, 2002 #1

keepmine Well-Known Member

Metris announced earnings this morning. Stock is down over $5/share. They charged off 13% of their loans in the 1st qt. and entered into an oversight agreement with the OCC. Next Providian?
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