Bank of America has certainly been enjoying themselves after receiving billion dollars from the government. From Super Bowl parties to investing in non-American companies, Bank of America has blown money on everything except things that would actually help our economy. Mike Papantonio talks with Brave New Films founds Robert Greenwald about how this bank is squandering our tax dollars and continuing to destroy our economy.
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The last time I checked the Fortune 500, I thought Citigroup is higher than BoA?
Expect Ken Lewis, to return the borrowed funds from the tax payers within a short period of time. Hopefully the forecast is accurate; by early to mid 2010, we will start to see the economy stable out. I pray and hope president can help to turn this country around to a more stable economy.
Oh my!!! Did I hit an unintended nerve.
Are we a little sensitive? I am so sorry. I didn’t know your first language wasn’t English. I didn’t pickup your accent.
Hmm, do you need a job? The funny thing is, I can sit here while reading, and replying to your lame comments while I am working. What about you?
Hah, but you noticed that I work for a big big bank right? Did you not norice my home town is Osaka, Japan? Plese, go get a real job.
No job needed but thanks for your heartfelt concern.
Well gee cindy3847, whatever the heck you are because your profile doesn’t reflect anything human..It is obvious you have a problem with banks, Different banks have different lending practices. We had savings and loans, finance companies, and banks, savings and loans took less risks, less loans to consumers finance companies have to borrow from banks to lend to consumers they take greater risks but have to pay interest on top of the bank interest you pay that they take greater risks,
Not a problem. Have a fantastic day!!
sc300tproject
Interesting!!!! Hometown is Osaka and English is your second language BUT your COUNTRY is the United States. Would you like me to give you a website that could provide you a good world map. Osaka isn’t in the country you provided.
If you’re located in Osaka you started to comment very, very early on Wednesday morning. I have a feeling where your located it’s still Tuesday.
Sounds like a little confusion on your part.
Wow, how old are you? Please read my profile again. I never said I am still in Osaka, Japan. I was born in Japan, I NOW reside in America; California to be exact.
you take the first drink and show me how you ignorant twit…
Credit is a privilege, not a right..B of A is a rock, it adheres to traditional lending practices. The banks and lenders that didn’t are gone get it? I went to a private school in 1983, I can lend and collect..
Perhaps you are under the illusion that banks are made to lend they are first to keep their depositers money safe, and are entitled to prudent reasonable profit, after careful research..
Let me spell this out for you:
City: Newport Beach <<< I now reside since 2003
Hometown: <<<< Japan-Osaka home town.
Country: United States <<<< The country that I now reside.
Pretty simple right? You don't need a master's degree, nor be a rocket scientist to figure that out.
Hisc300tproject, Hi it looks like you are getting attacked by faceless, no history trolls, go look at phineastbuster and cindy3847 youtube sites..What do you see? Nothing they are shills…any friends any videos no, do not let them bait you. if you get a comment please go look at thei site, see if they are worth even replying too… ok? they are trolls… or turn downs… you can block them. “bow”
I have an account at the bank of america in el monte CA, I know and appreciate ther lending practices. They are not the bad guys, it is the wall street players you want if you exist, yor site is as empty as your vicious deluded mind.. you want some bring it on, and get off of sc300tprojects back you freakin troll
That is true! I should ignore them, they have nothing else better to do.
Great point! Customers do not realize how much of a risk they are. They call banks asking why their interest rate has increased on
their credit cards for no reason, but wait, no reason? Let me provide an example
Lets think about the current economy conditions. A customer is carrying high credit card balance and is only making the minimum payment. Does this customer seem risky? Lets increase the rate higher, so it gives the customer options to either pay off the balance in full, or make aggressive payments to pay it off before they charge-off completely. Just remember we have the right to increase the rate at our discretion. Its smart, not taking advantage of a customer.
Bank America is the most crooked banks. I am outraged at the 25 billion they received. How they have spent it is outrageous, there is not accountability. Where is our (pardon the expression) fucking goverment making sure they use this money for what it was inteneded. To continue forclosing on homes is outrageous.
Bank of America fucks over the American to stay on top , they send our money out of the U.S. how many more Americans will end up living in a tent before they are brought down.
BANK OF AMERICA IS A SCUM BAG
The simple fact is that you only have the “rights” that the American people currently bestow upon you in their benign ignorance of your corporate abuses and startling avarice. Enjoy the freeloading whilst you can. BOA are fully exposed as greedy, usurious corporate thieves who should be collectively rotting in jail. Have a Nice Day from the UK…
Greedy? People shouldn’t have got themselves in that situation to begin with. We didn’t go shopping with those customers when they ran up their credit card balance. All banks (not just Bank of America) encourage customers to use their credit cards It’s common sense, the bank is a business!
However, it’s the individuals responsibility to use their credit card(s) wisely. Wise people choose not to use credit cards. Don’t buy it if you cannot afford it, period.
Actually Greedy was the wrong word. Rapacious, self-serving Bastards with a wholly undeserved sense of entitlement is probably the better description to use. They are raping the public purse here!!!
I am responding to this specific You Tube posting and the topics raised, incidentally, not looking for a lesson in general business ethics.
Thanks anyway.