Tag Archive 'banks'

Having always liked Rip Torn as an actor, I’m quite disappointed that he managed to find a spot on this site.
Disappointed indeed.
Torn was arrested Saturday the 30th for breaking into a local bank in his current town of Salisbury, Conn. The police arresting him described the whole incident as “booze inspired”.
The banks alarm went off [...]

Now I’m sure that it comes as no surprise to my readers that banks are fallible. I’m sure most of us have been hit with crazy charges, or had to deal with miscommunications within the bank.
This information is not new, nor fun. But when it comes to something as serious as bankruptcy or foreclosure, we’d [...]

Holy moly, I can’t believe they’re getting away with this. It goes beyond low when a company so shamelessly takes advantage of people who are in a tight spot financially. It’s downright greedy.

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Authored by Bob Hansen -

Gordon Hageman couldn’t believe the credit card offer he got in the mail.
“My first thought, it was a [...]

A couple years ago there was trouble on the horizon for the big banking company of Wachovia. It seems they were allowing themselves to cater to less-than-savory customers.
New York Times reports:
Last spring, Wachovia bank was accused in a lawsuit of allowing fraudulent telemarketers to use the bank’s accounts to steal millions of dollars from unsuspecting [...]

A shareholder of the German lending company Deutsche Bank has sued over recent news of the bank’s foray into the world of espionage.
This summer, an internal investigation at Deutsche Bank indicated that several instances of privacy violation occurred. The Deutsche Jerks were allegedly getting the scoop on up to 20 investors and law firms, apparently [...]

Astonishing news coming from the AP today, which reported the findings from NY Attorney General’s investigations into the 2008 bonus compensation reports of bailed-out banks like Citigroup and Bank of America. And the results aren’t pretty.

Thai Financial Scandal

Looks like banking executive scandals aren’t limited to just U.S. companies. Bangkok Post reports today that the negligence of a handful of employees at the Government Housing Bank may have contributed to one of the largest embezzlement schemes in Thailand’s banking history.  One employee managed to get his hands on over 500 million baht at [...]

Payday loan customers and everyone else want to know… where does the arrogance of bank CEOs end and sanity begin?
Bloomberg’s David Glovin reports that Wells Fargo & Co. CEO John Stumpf is on the defense over “misleading” media coverage of non-essential corporate events that are continuing to occur thanks to American taxpayer money. Stumpf’s claims [...]