Why I'm shorting MasterCard

Many investors believe MasterCard and Visa are uniquely immune to the economic slowdown. They're wrong. Sell short 100 shares of Capital One Finance at a limit of $44.25; execute the trade after 10:30 a.m. ET. Lately there has been a generally accepted theory that credit card issuers with exposure to loan losses will have great difficulty in this slowing economy, while card companies that simply earn money from... [read full story]