reba...@gmail.com wrote:
> I know the Discover Card does what the ordinary banks do like the
> money market savings and the mortgage services. I wonder why the
> Discover Card is severely suffering in this sub-prime crisis, though.
> It may be positive that the mortgage business is not the bread and
> butter for the Discover Card. I seem to understand the relation
> between the credit card industry and the whole mortgage market, but to
> be honest, I just don't know what's going on.

> Will this mortgage crisis bring the whole economy down? Won't people
> spend too much money because they lost their homes, lost their jobs in
> financial fields? Could it be the reason the credit card companies
> such as MasterCard and Discover Card are going to suffer?