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National BankAmericard

2 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Nov 27, 2023 by David Rosenthal · across every show →

Everything said about National BankAmericard, oldest first

Nov 27, 2023 neutral
Assertion Supported
Visa was always a for-profit corporation, contrary to popular myth
“There's a myth out there that Visa was originally a non-profit and then was converted to a for-profit before the IPO in 2008. That's not true. It was always for-profit. It was just a non-stock membership corporation.”
David Rosenthal Nov 27, 2023 ▶ 1:18:30 Visa (Audio) · Acquired
Nov 27, 2023 neutral
Assertion Partly supported
National BankAmericard required an 80% voting threshold for governance decisions
“Well, they set the threshold at 80% for anything to happen.”
David Rosenthal Nov 27, 2023 ▶ 1:20:26 Visa (Audio) · Acquired
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