Whoops, Capital One Failed To Bury Their Horrible Credit Card Numbers

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We mentioned this morning that credit card issuer Capital One (COF) reported horrible default numbers for the month of May.

Why’d they do that first thing in the morning on a Monday? Turns out it was an accident. They tried to file the data on Friday night — which is when you typically dump bad news.

Eagle-eyed filings watcher Michelle Leder realised it was filed at 5:36 on Friday, 6 minutes after the deadline, meaning it only showed up this morning.

You know someone’s gonna get punished for that slipup.

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