Posted by Edd in KY on January 20, 2014 at 07:29:38 from (98.23.20.118):
In Reply to: Games U.S. bank plays posted by brandon j on January 19, 2014 at 18:59:12:
Read your comments. The banks are working every angle to build up fees and profits. Some of the angles are downright fraudulent.
We have this idea in America that our banks are very secure and honest institutions. I think that is half right, they are secure.
When you hear on the news that some Senator is against more banking regulations, he is usually being lobbied by the Banking industry to let them continue this flim-flam stuff.
Good honest bankers don't need this shyster junk to run a profitable business, but the big regional banks that bought up all the little local banks work every angle...some very dishonest.
Ps: It is true on both sides, biggest financial supporter of our current VP was the big Bank of America credit card operation MBNA in Delaware which reportedly, over the years, gave him $208,000 in campaign contibutions...and his son works there.
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