Capital One Expects Recession By Year-End, Hammered By Bad Debt Provisions

Capital One Expects Recession By Year-End, Hammered By Bad Debt Provisions

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Capital One Expects Recession By Year-End, Hammered By Bad Debt Provisions So much for the "strength" of the consumer. Capital One CEO Richard Fairbank just pulled the plug on the narrative that America's aggregate spending strength is anything but a mirage of extreme wealth thriving while a vast…

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