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Global Financial Problems Hit a Small Computer Consultant

MSNBC.com posted a scary story today showing how the global credit crisis may be driving one computer consultant in suburban Washington, D.C. out of business.

Jesse Gilleland got a letter from American Express stating that the credit card company was lowering the spending limit on the Platinum Card he uses to operate his business because AmEx basically didn't like the places where he makes purchases or the company that wrote his mortgage.

The money quote from Gilleland: "I'm literally at the point where I have to fold the business up, and another dream bites the dust." Check out the story here.

Posted by Scott Bekker on October 07, 2008 at 11:58 AM


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