The Visa IPO, and the Secret History of Credit Cards

I’ll come back later with some more detailed stuff on the gob-smackingly huge Visa IPO — it will likely be the largest in U.S. history; and, even if ill-timed, it follows Mastercard which has done a 5-bagger — but for now, two things.

First, a chart putting the Visa IPO in historical context among its fellow titanic U.S. IPOs:

nyt-visa-ipos

 

Second, this Frontline special on the credit card industry, called "The Secret History of the Credit Card". It’s great viewing, and you can find the rest of the episode here.

Related posts:

  1. linkfest 02/19/08: Behavioral Books, Grantham, Credit Cards, etc.
  2. Jim Rogers: Worst Credit Bubble in U.S. History
  3. Credit Cards, Preference Reversals, and Debt
  4. Credit Card Security and Gas Pumps
  5. Largest Pump-and-Dump Scam in History