It remains unknown whether "Rampage" would have been a practical product, let alone enough to keep the company alive in the card industry.
He said the changes in bankruptcy law were just one part of the card industry's broad strategy to prepare for the next recession.
By rough estimate, the card industry generates total sales for manufacturers and dealers of some $5 billion a year.
It is hard to see how the fragmented, $600 billion credit card industry, growing only 3 to 4 percent a year, can sharply raise profits.
Without any financial incentive, the card industry calls it unlikely that credit cards will be used.
The bill was intended to stop some of the massive fraud in the prepaid calling card industry.
"It's possible the edges are going to fray on this whole sound card industry unless we do something on a standard."
Today's a pretty big day for the greeting card industry.
THE online greeting card industry is starting to make some noise again.
But the alternative card industry has stumbled in recent years.