You guys are morons. You do NOT understand financials at all.
You especially do not understand financial companies such as this one. AMEX set aside funds to cover potential losses. They have these funds. You guys are idiots. What is important is their revenues. LOOK AT THE REVENUES!!!
You sound like Bernie Ebbers yelling at the analysts before the debacle. 1) "you don't understand financial companies" 2) "You guys are idiots. What is important is their revenues. LOOK AT THE REVENUES!!! "
Wouldn't it have been better if they didn't need to beef up reserves? Reserves are set aside for future LOSSES there genius.