Posts Tagged ‘Banks’

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Bank Robbery Notes for the Unarmed

Posted by disinfogreg on November 3, 2009

Banknotes is a fascinating collection of the actual notes and security camera images used during unarmed robberies. There seems to be a strange correlation of polite language and unsuccessful attempts. Crime pays, but it doesn’t pay to be nice!

I have a gun in my bag.
Give me $5,000 please.
Thanks a bunch.

male, 20, Metro Bank, Wyomissing Hills, PA
UNSUCCESSFUL

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Pay Your Bills on Time? There’s a Fee for That.

Posted by klintron on October 21, 2009

In an attempt to squeeze more revenue out of consumers who don’t rack up much debt, Citigroup, Bank of America, and other credit card companies are adding new fees. According to USA Today credit card users are being hit with new “inactivity fees” and fees for not putting enough debt on your credit cards. Consumers thinking about canceling their cards face taking a hit to their credit scores for closing an account.

Other consumers may have no choice – Citibank has been closing some credit card accounts without reason or warning, damaging their customers credit ratings.

I cut-up my credit cards last night.

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Bailed-Out Banks Still Making Billions Off Derivatives: What “Everyone” Said Fueled the Financial Crisis…

Posted by Ralph Bernardo on September 29, 2009

Anyone think Gordon Gekko would be saying this today? On second thought, he probably would…

The Huffington Post reports:

Derivatives is one of the dirty words of the financial crisis. Though these often-risky bets were blamed by many for helping fuel the credit crunch and the downfall of Lehman Brothers and AIG, it seems that Wall Street has yet to learn its lesson.

U.S. commercial banks earned $5.2 billion trading derivatives in the second quarter of 2009, a 225 percent increase from the same period last year, according to the Treasury Department.