Hey, don't forget their $6.2 BILLION dollar third quarter net income!
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It's not my bank. We moved everything out of Bank of America a few years; transferred it to a locally-owned bank. That's what everybody should do. Who needs the Wall Street behemoths when there are plenty of credit unions and locally-owned banks to choose from.
ReplyDeleteHey! They have a right to make a profit...as the asswipe, $12,000,000 per year (pre-bonus) CEO of BofA so un-eloquently put it.
ReplyDeleteI think of them as a metaphorical blood bank...the difference being, the blood bank stops way short of getting ALL your blood and kicking your groggy, lazy ass out on the street.
BofA lived up to their fiduciary responsibilities and produced a profit for their investors. Who in their right mind would think that is a bad thing!?
ReplyDeleteThe five dollar a month debit card fee is a big brew-ha-ha over nothing. Debit cards are unsafe when compared with the protections built into credit cards and financially smart people don't use them.
In the spirit of full disclosure I have been a satisfied BofA customer for more then two decades.
And so I assume Chicken Hammer considers illegal foreclosure procedures aok, as long as the their investors turn a profit.
ReplyDeleteI have yet to hear of a substantiated illegal foreclosure that BofA hasn't made right. e.g., resolved to the homeowner's satisfaction.
ReplyDeleteI have heard many unsubstantiated reports of BofA illegally foreclosing on homeowners. If any of these alleged illegal foreclosures are prove true I fully expect BofA to resolve the issue to the homeowner's satisfaction.
The combination of financial envy and politicking is driving the anger felt by many towards the banks. Eventually the hype will die down and most intelligent people will realize how the population has been played by the politicking of wealth envy.
ChickenHammer has one thing right. It is all about money.
ReplyDeleteChickenHammer, I love BAC so much I want to see 10 of them — each one-tenth the size of the bloated monster they're taken out of.
ReplyDeleteAs for illegal/unethical/predatory practices Bank of America and others have perpetrated against homeowners, plenty has come out in congressional hearings carried on C-SPAN, in newspaper and magazine stories and elsewhere. Did the 9-11 attacks and Katrina slip past you too?
You will have to forgive ChickenHummer. FOX probably didn't report on those things.
ReplyDelete