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1995-08-18 - Re: SSL challenge – broken !

Header Data

From: “Perry E. Metzger” <perry@piermont.com>
To: Michael Froomkin <mfroomki@umiami.ir.miami.edu>
Message Hash: a30f087df88dbf1a44b00a752f961da2cc6248f280f2fdd77a001fd68303748a
Message ID: <199508181902.PAA03032@frankenstein.piermont.com>
Reply To: <Pine.3.89.9508181449.A623131443-0100000@umiami.ir.miami.edu>
UTC Datetime: 1995-08-18 19:03:14 UTC
Raw Date: Fri, 18 Aug 95 12:03:14 PDT

Raw message

From: "Perry E. Metzger" <perry@piermont.com>
Date: Fri, 18 Aug 95 12:03:14 PDT
To: Michael Froomkin <mfroomki@umiami.ir.miami.edu>
Subject: Re: SSL challenge -- broken !
In-Reply-To: <Pine.3.89.9508181449.A623131443-0100000@umiami.ir.miami.edu>
Message-ID: <199508181902.PAA03032@frankenstein.piermont.com>
MIME-Version: 1.0
Content-Type: text/plain



Michael Froomkin writes:
> On Fri, 18 Aug 1995, Perry E. Metzger wrote:
> > > The credit card market has thin margins?  That's news to me.
> > 
> > Its true. The issuers often end up making most of their money for a
> 
> actually the NYT reported this week that banks make super-profits on 
> credit cards.  economists are not sure why the margins are about 3 times 
> that of other lines of biz.

The overall business is very profitable. The margins on transactions
are very thin.

Perry

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