Die, Bank of America

http://consumerist.com/2013/06/17/former-staffers-bank-of-america-rewarded-us-for-lying-to-homeowners-losing-paperwork-denying-modifications/

If just a smidge of this is true, Bank of America execs should occupy their own little circle of hell.

Swine. It's shit like this that keep pushing me away from the Republican party.

 

Why does a Bank behaving badly reflect on the Republican Party? Just curious.

 

GAH! I AGREE WITH TONY!!!!!!

Obama hasn't done anything but talked tough and taken their money in campaign contributions. Unleash Elizabeth Warren and we can talk, but until then it's bipartisan failure and the #1 example of what money can do in Washington.

 

Because all of the bad economic shit started on W's watch, that's why. And how many Democrats do you think are in the hierarchy of Bank of America?

 

I switched banks TWICE to get away from BOA. Both times they bought up the new bank.

I am in the process of switching to a CU to get away from them altogether.

 

My mother and my wife each had BofA accounts, with myself as the secondary owner for both. Several times, my mom would put deposits in her account, only to discover that the money ended up in my wife's account.

Several times, we had to go to our local branch, which told us to contact the national hotline number. So Mom does that, and is told, "Why don't you have your son or your daughter-in-law write you out a check." Mom blew up, told them that it was their own damn fault, and why should we correct something that they screwed up, multiple times. She switched banks.

 

HSBC has just been penalized in New York for basically stalling the loan modification process for months on end by failing to file the paperwork to put the legal process in motion, often with the result that by the time the process did start, the loan holders were no longer eligible for modifications.

They all do it, in other words. And they have enablers on both sides of the U.S. political aisle. But there really can't be any question on which side of that aisle more of those enablers are to be found. The perception that the Republican Party is the party that defends the banks is incomplete, to be sure. But it's also not entirely inaccurate.

 

I did the same thing. Terrible bank.

 

You're right. Politicians and bankers on both sides are swine.

 

It's too bad that Bloomberg cover was such racist trash, because the story connected to it was excellent and predicted the current "resurgence" in the housing market. We are doing many of the same things.