Several prospective buyers are reviewing the quality of NextCard's loans and will submit their final bids next month, Barr said. The FDIC hopes to complete the sale by May 31. ------------------------------------------------------------------------------------------- I SAID MARCH 31...I GUESS THEY ARE 2 MONTHS BEHIND!!!
Re: NextCard Fires 546~~~F.D.I.C. V The top 5 contenders: 1) Pickle Your Pub National Bank. (Excellent rewards program in partnership with Jack Daniels Distillery.) 2) Barnett Bank. (Even though they went out of business years ago, they're still interested.) 3) Junum. (They figure that the NextCard portfolio will default anyway, so they want to be in a good position to capitalize on the credit repair contracts that will surely follow.) 4) Bucksnort Savings & Loan. (Free grits with every approval.) 5) Discover Card. (Needless to say, as ridiculous as the others.) Doc
Re: NextCard Fires 546~~~F.D.I.C. V Here's a link to the full article: http://biz.yahoo.com/ap/020312/nextcard_failure_1.html
Re: NextCard Fires 546~~~F.D.I.C. V Hashman and NextCard's founder, Jeremy Lent, were formerly part of Providian's management team. ---------------------------------------------------------------------------------------------- I KNEW IT!!!!!!!!!!!!
Re: NextCard Fires 546~~~F.D.I.C. V The Bucksnort was very well done LOL! I think if we all kick in $10 among the regular board members - we can buy Nextcard ourselves! I want to print my own Dogmanium Visa! "The POWER OF THE PAWS - WORLDWIDE" aarrfff - dogman
