Quote:
Originally posted by Chris Mallick
someone at Visa could speak up a bit louder and ask, "Is this business worth it?" We are 2% of their 2 Trillion business! They could shut this business down and never look back. Regulation is not always good, but in this case it proves that we are being taken seriously.
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Ya know, I read this and I'm not sure I agree.
Isn't Visa a publically traded company?
If I was a shareholder in a publically traded company that decided to lose 2% of its revenue (Using your numbers, that's $40,000,000,000 (40 BILLION!)) for no apparent reason other than "we don't want to process for them" - I'd say that's ONE HELL of a shareholder suit. I don't think they could do it.
Cheers,
Backov