In some ways, a casual visitor to this site could skim post titles and navigate away with the overall impression having been made that this is just another “gripe site,” focused on banks’ bad behavior. I would have to acknowledge that this critique would be fair, on the surface, at least. Nevertheless, what motivates me […]
Posts from ‘August, 2012’
Another abusive practice, targeting students; are higher education institutions “partners” or “pushers”?
Yet another example of banks doing what they do best: targeting segments of the population that can be more easily tricked and trapped by unfair practices. According to an August 8, 2012 FDIC press release (partially titled “Unfair and Deceptive Practices”): “Among other things, the FDIC found that Higher One and The Bancorp Bank were: […]
Just to be clear regarding some of my recent commentary speaking out against SunTrust’s move to raise minimum checking account balances, I do think there’s a difference between SunTrust and some other banks. I certainly appreciated the captured remarks and headline, “SunTrust CEO Calls JPMorgan a `Black Eye’ for Banks” in the video from Bloomberg […]