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re AFR artice. tim wildash ceo of customers has written a letter...

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    re AFR artice. tim wildash ceo of customers has written a letter to each of his staff telling them that the credit crunch did not spell bad news for them.
    he said the CUS business was strong.
    he stated that 95% of customers revenue is from transactions.
    whether people withdraw $20 or $200 the business gets about $1 from each transaction.
    mr wildash went on to say- in tough times we will be in even more demand as consumers leave their credit cards at home and use cash.
    meanwhile he is looking for opportunities - such as a cheap business up for sale, and asking staff for their ideas on better ways to do their job.
    unquote.>
    imagine how good they will be going from next march onwards as their commissions on transactions doubles to $2
 
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