Bank of America workers have leveled damning accusations against their employer, claiming that the Bank pressures its employees to burden consumers with debt and enroll in high fee programs. The SEIU’s Stephen Lerner, Former BoA employee Chris Feener, and Max Fraad Wolff on the bank’s unsavory practices.
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GRITtv Live at Noon: Bank of America: Bad For Consumers?
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Thanks Laura
By egregious on July 22nd, 2009 at 12:14 pm
Speaking of egregious agreements, has anyone seen THIS yet?
Wall Street’s Private Judicial System Exposed as a Fraud
Pam Martens, CounterPunch
Corporate Accountability and WorkPlace: The National Arbitration Forum isn’t impartial — it’s financially shackled to debt collection law firms representing major credit card companies.
By Gitcheegumee on July 22nd, 2009 at 12:29 pm
Any business or person that has dealt a lot with this bank, left BofA decades ago. They were the most difficult to deal with concerning the simplist transactions and the most customer unfriendly. Years ago, I attended a seminar of professionals where our clients were primarily banks and S&Ls. No one had a good thing to say about BofA, and when a representative from BofA spoke as part of a panel, the rep was pummeled with compliants and questions about their ridiculous policies. I don’t have any recent experience with them because I wrote them off years ago, but there seemed to be a real lack of common sense in the management.
By xargaw on July 22nd, 2009 at 12:39 pm
I NEVER dealt with them-same for Chase.
By Gitcheegumee on July 22nd, 2009 at 12:49 pm
I can’t believe the question mark at the end of this post title. There isn’t ONE of these outfits that’s “good for consumers.” Consumers are only sheep to be shorn.
By John on July 22nd, 2009 at 12:57 pm
BOA Stiffs Taxpayers on Fee
Evidently Geithner didn’t follow through. Surprise! http://tinyurl.com/lkyy86
By ellwort on July 22nd, 2009 at 4:04 pm