AMERICAN EXPRESS <AXP> REAFFIRMS IT OPERATIONS
James Robinson III, chairman of American
Express Co, in a letter Tuesday to employees, said he was
confident about his company's ability to endure the volatility
of the market.
    "Financial markets around the world are experiencing
unprecedented volatility. No one can predict the future. We are
confident that our company, given the soundness of our business
and with greater than 100 billion dlrs in assets and six
billion dlrs in equity is very well positioned for continued
growth regardless of turbulent times," Robinson said.
 Reuter
