In the nation's expense-account economy, nobody is anybody unless he can say "Charge it." Thus, the credit card has risen as a new symbol of status that enables one to rent a plane or boat or car, give parties in nightclubs, even go on a full-blown safari in Africa without putting down a penny. For businessmen it also provides a convenient record of all expenses to show the Internal Revenue Service. Last week the credit-card game provided businessmen with the spectacle of being wooed and fought over by a handful of companies...
To continue reading:
or
Log-In
