Posts tagged as:

banks

Banks at Risk of Failure: 702

February 23, 2010

According to the FDIC, over 700 banks are currently at risk of going under, a huge jump over the last three years, and a bit of a shocker given the size of the federal stimulus. The FDIC has already shuttered 20 banks this year, and there is no sign that things will improve in the [...]

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Link Roundup, week of 9.21.09

September 25, 2009

Here are an assortment of juicy consumer links I haven’t had time to write about:

Old Debts Under $100 Don’t Matter Under FICO ‘08 | Consumerist
Bank Of America Reaches Out To Angry YouTube Star | Consumerist
Congress Seeks To Move Up Credit Card Act Implementation To December 1st | Consumerist
Fight begins over new consumer protection agency | [...]

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A look inside a check cashing and payday lending business

July 13, 2009

An amusing and terrifying look inside two shady types of businesses that will fleece you every way they can, from check cashing fees to postage for a premium.

As Ben Popken says “I can’t wrap my mind around the idea of paying someone for my own money.”
Other Video | Ben Popken

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Overdraft loans drive everyone crazy

March 26, 2009

Above, watch the trailer for Karney Hatch’s “Overdrawn!”, a documentary which chronicles his fight against absurd overdraft fees.  In his journey, Hatch ends up talking with several AFFIL Partners as well as Ralph Nader. He currently has an action posted on Change.org (a fantastic social network) where you can show your support for H.R. 1456, [...]

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Bank fees, hitting you when you are down

February 27, 2009

As the government moves to issuing debit cards rather than actual checks in an attempt to save money, banks are adding every conceivable fee to get some of those benefits. Even fees just to get the money. Ever see a free ATM? Call customer service, that’ll be 50 cents. How about overdraft fees of up [...]

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Why Isn’t the Bailout Working?

December 26, 2008

I’m partial to John Stossel’s reporting style and his libertarian leanings. On last Friday’s 20/20 he went in search of our bailout money. Why Isn’t the Bailout Working? | ABC News

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Where’s the bank bailout money?

December 23, 2008

Where’s the bank bailout money? Perhaps the banks themselves don’t even know. | cnn.com

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Bailed-Out Banks Dole Out Bonuses

December 20, 2008

Bailed-Out Banks Dole Out Bonuses | ABC News

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Friday link roundup

November 14, 2008

If I am posting less than you would like, it is because I am busy working for my clients. Here are the links I haven’t had the time to comment on from the last week or two:

What’s Worse Than Inflation? Deflation. | Consumerist
The Wall of Debt (Financial Voyeurism) | StopBuyingCrap.com
Terrific Online Saving Sites | Terri’s [...]

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Banks Using $700 Billion Bailout To Buy Other Banks, Not Make More Loans

October 26, 2008

Banks Using $700 Billion Bailout To Buy Other Banks, Not Make More Loans | Consumerist

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Why Choose a Credit Union Over a Bank

September 28, 2008

Why Choose a Credit Union Over a Bank | Lifehacker

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Banks in Denial

September 18, 2008

Banks in Denial | Consumer Law & Policy

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Most Bank Websites Are Insecure

July 24, 2008

Most Bank Websites Are Insecure | /.

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Former Bear hedge fund managers surrender

June 19, 2008

Former Bear hedge fund managers surrender Ralph Cioffi and Matthew Tannin, who managed Bear Stearns hedge funds before the subprime collapse, charged with lying to investors about mortgage market risk. | CNN Money

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Credit card arbitration: banks are conspiring against you

May 1, 2008

That the major credit card issuing banks are conspiring against consumers to force them into mandatory arbitration should come as no surprise to anybody. Why wouldn’t they force people into a system so stacked in favor of the credit card companies that the companies win all but 0.16% of the time. (For the math [...]

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