Banking
McHenry, Jones, fellow Rs gag abused credit consumers
Submitted by Drama Queen on Mon, 03/17/2008 - 4:07am.I guess they thought the testimony would be too emotionally painful for their banking donor buddies. At least, one has to draw that conclusion when Republicans on the House Consumer Credit Subcommittee are so threatened they arrange for witnesses to be stonewalled and bullied.
But, in their efforts to keep these stories out of circulation, House Republicans kinda blew it. No wonder none of 'em are returning reporter's phone calls.
Foreclosure Crisis Luncheon- March 5th - Raleigh
Submitted by Leslie H on Sat, 03/01/2008 - 2:57pm.Wednesday, March 5th
11:30 AM - 1:30 PM
Raleigh
Panelists:
State Rep. Dan Blue — former House Speaker and current chairman of the House Select Committee on Rising Home Foreclosures
Mark Pearce, Deputy Commissioner of Banks
Paul Stock, Executive Vice-President and Counsel, N.C. Banks Association
Al Ripley, Consumer and Housing Attorney, N.C. Justice Center
Banks have such a great sense of humour
Submitted by lawso017 on Fri, 01/18/2008 - 1:08am.Gotta laugh at banks sometimes. Thanks, Merril Lynch. Just $22 billion?
Bringing Down the Hammer of God.... The Trilogy Ends
Submitted by veterandem on Thu, 04/05/2007 - 12:22pm.Well, as they say, "this too shall pass", and quite frankly, it's about fraking time.
When we last left our hero (well, anti-hero actually), he was busy trying to slay the beast known as BoA (Bunch of Assholes) over a dispute on interest rates (see here). Well it was at that time that the wife and I decided to rid ourselves of those life-blood sucking leeches and move on to another bank. Only one thing stood in our way: selling our home in Raleigh (which if I posted about that it be nothing but profanities, literally). Well as this is the fourth scheduled closing (that's right, the fourth closing), and it appears this one will stick, we can give the heave-ho to BoA. Here is the latest trick they pulled:
WACHOVIA BANK TO OFFSHORE THOUSANDS OF NC JOBS
Submitted by NCVoter on Sat, 03/10/2007 - 10:48pm.WACHOVIA BANK CORP - Riches for CEO, Unemployment for workers -
Wachovia CEO gets $18 Million March 10, 2007. CHARLOTTE - The chairman and chief executive of Wachovia Corp., Ken Thompson, received compensation that the company valued at nearly $18.4 million in 2006, according to a regulatory filing yesterday.
http://www.journalnow.com/servlet/Satellite?pagename=WSJ%2FMGArticle%2FWSJ_BasicArticle&c=MGArticle&cid=1173350135956&path=!business&s=1037645507703
AND, SOON TO OUTSOURCE NORTH CAROLINA PROCESSING JOBS TO INDIA
Businessweek JANUARY 30, 2006
Wachovia will have outsourced 500 to 1,000 jobs, with plans to move an additional 3,000 or so by the end of 2007. ..Most, but not all, of those jobs are going to India....
Bringing Down the Hammer of God (on BoA) Part Deux
Submitted by veterandem on Tue, 02/13/2007 - 11:12pm.I received a reply from BoA yesterday on an issue I posted about here and my wife posted about here (slightly different account and language, but you all should get the drift), in that my interest rate DID NOT change. So all I had to do was take two hours out of my day to fight the machine. Scratch one up for the little guy.
VeteranDem
Bringing Down the Hammer of God (on BoA)
Submitted by veterandem on Mon, 02/05/2007 - 9:23pm.Well today turned to shit around the time the mail arrived. It was not a particularly grand day or bad day, just a regular day. I was looking forward to a light travel week, so's I saunter out to the mailbox to see what crap the great bird shat today, and I was not disappointed.
