Tag Archives: banks

Welfare For The Rich Needs To End

By Amy Alkon donkeyrock shared this story from Advice Goddess Blog. Welfare For The Rich Needs To End No, that wasn’t the word from Bernie Sanders. It was Charles Koch talking, while surrounded by some of the wealthiest men and … Continue reading

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“Law Lets I.R.S. Seize Accounts on Suspicion, No Crime Required”

By Walter Olson donkeyrock shared this story from Overlawyered. “’How can this happen?’ [Arnolds Park, Iowa restaurant owner Carole] Hinders said in a recent interview. ‘Who takes your money before they prove that you’ve done anything wrong with it?’ The … Continue reading

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Strangling Bank Access For Lawful Businesses

Report from Rep. Darrell Issa’s oversight committee blasts Operation Choke Point [The Hill, earlier here, here] via Strangling bank access for lawful businesses – Overlawyered. Key Findings * Operation Choke Point was created by the Justice Department to “choke out” companies the Administration … Continue reading

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If You Can't Prosecute 'Em Out Of Business, Make It Impossible For Them To Maintain Bank Accounts

By Amy Alkon donkeyrock shared this story from Advice Goddess Blog. If You Can’t Prosecute ‘Em Out Of Business, Make It Impossible For Them To Maintain Bank Accounts Glenn Harland Reynolds writes about disgusting “Operation Choke Point” in USA Today: … Continue reading

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Bank Of America’s Senior Loan Collector Admits To Lying Because He Was Told To Lie

Bank of America did not merely lie to its customers. Bank of America makes a practice of lying to its own staff. While the use of a “nonperforming” loan are higher than the fees paid on a “performing” loan, the … Continue reading

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