Michael Mayo Million Quotations

The charge for credit cards should help upcoming quarters for loan losses. Also, the company should benefit more than most from ongoing restructuring, including $800 million of remaining merger savings.

The one issue, the one question that comes to mind, is we need to quantify where the (buyers) are coming from. Some of these units are $1 million and up. Can our work force afford these? We have a crisis of affordable housing in that area already.