BANKS!!!!!wtf

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silasraven

Well-Known Member
http://finance.yahoo.com/blogs/breakout/jamie-dimon-sorry-enough-131549762.html

2 billion lost and jpm ceo is "sorry" when we will stop these banks from kicking our ass. this seems like the second time jpm fucked up. a month ago there was another blunder where some idiot miscalculated and more money was lost. when is it going to be over where we let banks keep going. in with bank of america and they wanted to start this 5 dollars a month charge for the account jan of 12 well nov 5 there was a protest to remove money from the account, so i did. and they revoked the 5 dollar fee after a month because 4.5 million or billion(it was a while ago) people joined in to say fuck you to our bank. i only use them now cause its the only one in town that is in allot of other states.
 
ThatGuy113

ThatGuy113

Well-Known Member
silasraven said:
http://finance.yahoo.com/blogs/breakout/jamie-dimon-sorry-enough-131549762.html

2 billion lost and jpm ceo is "sorry" when we will stop these banks from kicking our ass. this seems like the second time jpm fucked up. a month ago there was another blunder where some idiot miscalculated and more money was lost. when is it going to be over where we let banks keep going. in with bank of america and they wanted to start this 5 dollars a month charge for the account jan of 12 well nov 5 there was a protest to remove money from the account, so i did. and they revoked the 5 dollar fee after a month because 4.5 million or billion(it was a while ago) people joined in to say fuck you to our bank. i only use them now cause its the only one in town that is in allot of other states.
Click to expand...

He was there to be questioned about that blunder a few weeks ago with the London Whale. Its not something new that they are talking about on capitol hill today.
Bank of America imposing unfair account fees on consumers is a tad different then a risky multi-billion dollar investment that went bad.
 
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silasraven

Well-Known Member
36 dollars gone every year yeah good idea. plus w/e other checks you cash and the amount of time it takes for a check to get to you. allot of time wasted over the fact someone one cant watch their accounts. banks get bailed out and we watch happily. cant stand the name but B.O.A. doesnt charge and as long as they get threw the year without fucking with people i'll be good. jpm on the other hand just needs to watch their ass. more companies are going to do w/e after november. just wait we'll see if banks make the best out of it.
 
smok3h

smok3h

Well-Known Member
If you must bank, bank at a small town bank.

I've also never had any problem with Wells Fargo... but I know others have. I've never tried to get a loan from them or anything (just had a personal savings and checkings account).
 
Cut.Throat.

Cut.Throat.

Well-Known Member
silasraven said:
36 dollars gone every year yeah good idea. plus w/e other checks you cash and the amount of time it takes for a check to get to you. allot of time wasted over the fact someone one cant watch their accounts. banks get bailed out and we watch happily. cant stand the name but B.O.A. doesnt charge and as long as they get threw the year without fucking with people i'll be good. jpm on the other hand just needs to watch their ass. more companies are going to do w/e after november. just wait we'll see if banks make the best out of it.
Click to expand...
A whole 36 dollars a year to never have to deal with a scummy bank again? Deal. I'll take it!
 
bassclef

bassclef

Active Member
The Federal Reserve is the top bank. It sets interest rates, loans money to other banks, and prints money when there is a shortfall (which is always). It bought and paid for Congress many years ago, its board is non-elected, and it is one of the most prominent and guarded buildings in Washington DC. They are the ultimate Money Masters.

This cartoon was published in 1912, one year before the creation of the Federal Reserve. It explains pretty much how our country works today.

FEderalReserveOctopus1912.jpg
 
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