Markets in everything, financial crisis get rid of your customers edition

This is what I call deleveraging:

It used to be that credit-card companies lured customers with cash rewards. Now American Express
Co. is paying to get rid of them. The card issuer is offering selected
customers a $300 AmEx prepaid gift card if they pay off their balances
and close their accounts.

Addendum: Megan McArdle adds commentary.


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