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.