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U.S. Bancorp Mulls Card ABS After Lockheed Deal

U.S. Bancorp may get back into the asset-backed game after the Minneapolisbased company's record breaking corporate card deal with government defense contractor Lockheed Martin.

Believed to be the largest card purchasing program in the world, Lockheed is expected to incur approximately $750 million in annual charges, which should total...

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