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January 06, 2009

 

The EIPP Plonk Factor: Amex Buys Harbor

So it turns out the rumored Amex acquisition of Harbor Payments is no longer speculation. Check out the full story over on Supply and Demand Chain Executive. Lest anyone think that Amex is out to dominate the Spend Management space with this move and its recent investment and deal with Rearden, we should remember that the financial services giant has a past history of dabbling in the sector without putting its Centurion Card on the table. But might things be changing over at Amex? Perhaps their P-Card Spend Management spending limit has been permanently increased. Stay tuned in the coming weeks at Spend Matters as we dig into American Express' broader Spend Management strategy and examine whether it's made of cheap plastic -- or maybe some more exotic metal. After all, it's all about the plonk factor.

- Jason Busch

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Comments
You probably only need the silver card to buy verticalnet these days!
# Posted By vert investor | 12/6/06 7:14 AM
Is it just me or does everyone else wonder this disgruntled VERT investor is one person or many? Hey, I lost some (a lot %-wise) cash on the stock way back when. Dude, it's over. Get over it. Sunk cost. DOA. Don't try raising the dead. Stage 5 in Kubler-Ross. Enough. finis. donesky. QED.

I love Jason's plonk factor link. It comes from Litespeed blog. Jason has divulged his secret passion. Litespeed dropped it's foray into carbon fiber. Good thing. Stay with the core competency.
The fool rides titanium (although a Serotta Ottrot would be nice). Airborne. Made in China. Now out of business. Supply chain risk! Low purchase price though. Time to hit the rollers.
# Posted By SpendFool | 12/6/06 7:43 PM
Mr. Fool,

I've been discovered. I'm a former Cat 3, although family obligations and living in the city of Chicago have made serious riding virtuallly impossible. I am now trying to merely improve my mile time and hopefully run a marathon for the first time next year. But in the future, I'll get back on my titanium steed! And maybe someday, I'll even start taking my boys up to the track for the sport in its purest form: http://www.northbrookvelodrome.org/

You've not lived until you've raced on a track!

- Jason
# Posted By Jason Busch | 12/7/06 5:14 AM
Jason, I am interested in covering this story on my blog. Do let me know if you got any interesting insight to the story.

http://manojranaweera.wordpress.com/2006/12/15/ame...
# Posted By Manoj Ranaweera | 12/21/06 4:07 PM
Have you got any further info on this topic?
# Posted By Manoj Ranaweera | 1/11/07 8:39 AM
Glad you liked the story on the Litespeed blog. :-)
# Posted By Herbert | 1/25/07 6:10 AM
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