tag:blogger.com,1999:blog-8575396221761490577.comments2023-10-14T11:47:37.778-04:00Bank WatchUnknownnoreply@blogger.comBlogger1904125tag:blogger.com,1999:blog-8575396221761490577.post-27190596026203294432015-03-05T07:51:34.522-05:002015-03-05T07:51:34.522-05:00Provided that a realistic measure of inflation adj...Provided that a realistic measure of inflation adjustment is used,well this will indicate whether the market is falling or rising in purchasing power terms.Currency Derivativeshttp://www.epicresearch.co/currencynoreply@blogger.comtag:blogger.com,1999:blog-8575396221761490577.post-20491542877435127072015-03-02T11:08:42.706-05:002015-03-02T11:08:42.706-05:00It is not at all that good. Going by more mobility...It is not at all that good. Going by more mobility now days, if you happen to lose the mobile, we are not only losing our mobile but also our money at bank and ability to get <a href="http://creditspoint.com/" rel="nofollow">24/7 loans</a>. Technology grows one step but threat multiplies into many step. It will be more easy for robbers! They can now just target mobile phones.Anonymoushttps://www.blogger.com/profile/03200255282507284782noreply@blogger.comtag:blogger.com,1999:blog-8575396221761490577.post-3047263317578809572015-02-25T12:55:54.920-05:002015-02-25T12:55:54.920-05:00Best among big banks is like saying the most honor...Best among big banks is like saying the most honorable among those on death row. Most big banks like Wells Fargo are in fact linked to the government otherwise they are insolvent. This is the reason Wells Fargo does not mark their bad loans to the market. Stock price is up only because the big banks get money from the government to buy each others shares; it is just a game that is all it is.<br /><br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8575396221761490577.post-77365078887523169322015-02-24T13:12:24.009-05:002015-02-24T13:12:24.009-05:00Anonymous 11:14 a.m., I wanted to point out that I...Anonymous 11:14 a.m., I wanted to point out that I added a graf to my story about independently-owned ATMs because of your comment. Thanks, again, for that.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8575396221761490577.post-67366135696578756752015-02-24T13:12:02.096-05:002015-02-24T13:12:02.096-05:00People can easily bypass ATM's by using the va...People can easily bypass ATM's by using the variety of stores to get their money. An added advantage to this method is also bypassing ATM fess. <br /><br />Mark Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8575396221761490577.post-77154925678415875702015-02-24T12:07:39.622-05:002015-02-24T12:07:39.622-05:00Thanks, Anonymous 11:14 a.m., for bringing up inde...Thanks, Anonymous 11:14 a.m., for bringing up independent ATM operators. Certainly, not all ATMs are owned and operated by banks and credit unions.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8575396221761490577.post-14004969428478386222015-02-24T11:14:48.458-05:002015-02-24T11:14:48.458-05:00The writer clearly has talked to banks, but It'...The writer clearly has talked to banks, but It's worth noting that the vast majority of ATMs in this country are not operated by banks or credit unions. Most of the ATMS, and most of the transactions that are driven to the processing networks (the rule makers in the ATM world) are handled by non-bank owned ATMS. That's significant.<br /><br />A bank views an ATM as a marketing tool and cost reduction tool: a means to avoid payroll and associated costs, as well as brick and mortar costs. In that context, the added cost of new devices is relatively minor.<br /><br />Most ATMs, though, are operated not as cost reduction tools, but as profit centers. In that context new technologies are less likely to be introduced until the old technology is depreciated. Since there have been two major technology upgrade requirements within the last 30 months for all ATMS, there will be immense amounts of pushback against any near term hardware changes.<br /><br />And, of course, the EMV standard is already requiring card issuing institutions to spend a significant amount to replace old style cards with EMV compliant cards. In addition processors have just gone through major changes to their operations as a reuslt of the EMV standard roll in. Neither is anxious to do it again before the amortization of those costs is complete.<br /><br />A complete shift to cardless ATMS is, as a result, a VERY long way off. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8575396221761490577.post-28366870224052779042015-02-24T08:58:59.740-05:002015-02-24T08:58:59.740-05:00God forbid we ask banks to be on the cutting edge....God forbid we ask banks to be on the cutting edge. Their risk adverse mentality has resulted in the continued usage of antiquated technology that enables more fraud. <br /><br />TheWunderkindnoreply@blogger.comtag:blogger.com,1999:blog-8575396221761490577.post-29621083704679814452015-02-24T08:46:28.466-05:002015-02-24T08:46:28.466-05:00O'Brine's photograph sure did add a lot to...O'Brine's photograph sure did add a lot to this story. NOTAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8575396221761490577.post-79009745953509941282015-02-19T18:38:46.905-05:002015-02-19T18:38:46.905-05:00Anon at 8:53: No company keeps employees it no lo...Anon at 8:53: No company keeps employees it no longer needs, regardless of the CEO's compensation or the stock price. Had BofA not made all those bad housing loans, those employees would never have been hired in the first place. That said, I am through buying BofA stock. Every time I buy it, he fails to perform and I lose my hard earned money. I think they need somebody new. No evidence that Bryan can get it done.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8575396221761490577.post-25851921815209112672015-02-19T09:55:30.963-05:002015-02-19T09:55:30.963-05:00Pay cut PLEASE!!!!! After BoA finned BILLIONS he s...Pay cut PLEASE!!!!! After BoA finned BILLIONS he still gets a salary of 13 million, BLESS HIS HEART how will he ever survive? While still taking money from those with the least amount of money, extortion/service fees on accounts because they don't keep thousands in accounts. ROB from the POOR to PAY the RICH. If any other smaller had stolen, cheated and lied, to customers and government like BoA did they would be in prison and business closed, not CEO making 13 million dollars. And BoA keeps "laying off" employees while he laughs all the way to the bank. <br />Anonymoushttps://www.blogger.com/profile/09236817120136286839noreply@blogger.comtag:blogger.com,1999:blog-8575396221761490577.post-11348701066975728252015-02-19T08:53:20.048-05:002015-02-19T08:53:20.048-05:00Maybe he if took less money for his pay, he wouldn...Maybe he if took less money for his pay, he wouldn't have had to fire hundreds of dedicated workers with families and bills last week. If your bank is having to pay billions of dollars because of wrong doing, why would you fire part of your work force to pay for it. I'm sorry, but there is a special place in Hell for people like this. May God have mercy on your soul.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8575396221761490577.post-22330268324872492952015-02-19T08:11:12.886-05:002015-02-19T08:11:12.886-05:00I posted the multi million dollar salaries of spor...I posted the multi million dollar salaries of sports, acting and the like folks and all people could focus on was this guys salary. <br /><br />Seems we have selective outrage and of course the observer promoting it with two stories. Larryhttps://www.blogger.com/profile/07977808657926308272noreply@blogger.comtag:blogger.com,1999:blog-8575396221761490577.post-39797442485733327372015-02-19T07:06:06.772-05:002015-02-19T07:06:06.772-05:007 percent cut in pay. Bet he files for government ...7 percent cut in pay. Bet he files for government assistance. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8575396221761490577.post-45975120117374837082015-02-17T18:18:34.411-05:002015-02-17T18:18:34.411-05:00I'm neither blasting nor condoning bank fees. ...I'm neither blasting nor condoning bank fees. Just pointing out a few things. How much money do you think it takes to keep everyone's account in sync pretty much to the penny, allowing universal, 24/7 access to your funds across so many various mediums, phone, online, ATM, in person, etc in addition to the payments that occur via billpay, credit card, checks, ACH, what have you. Follow that thought up with a request to please take a look at your cellphone bill at the add-ons, taxes, etc. These add-ons, taxes that are added to your cell, water, power, what have you bill, are done without any debate or vote or anything. Nothing like that exists for banks. Banks can't don't ask for add-ons, taxes, fees from gov't. They don't They use usage fees, monthly account fees, etc. So if you compare your cable and cell to your bank, you might just conclude you're getting a pretty good deal with having your money and payments managed in such a precise fashion.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8575396221761490577.post-59369299174529685492015-02-17T16:46:05.243-05:002015-02-17T16:46:05.243-05:00Anon 12:50: Before you get too snarky, don't f...Anon 12:50: Before you get too snarky, don't forget that Wells Fargo made $5.7 BILLION with our money last year. That's quite a lot of your <i>"infrastructure, support services, etc. that all cost money."</i><br /><br />Try again.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8575396221761490577.post-14638362635328126252015-02-17T14:52:53.337-05:002015-02-17T14:52:53.337-05:00I can't wait until google, apple, and Microsof...I can't wait until google, apple, and Microsoft provide banking services for free. All these old guard banks are going to be crying to their customers and begging for forgiveness for their stupid decisions to charge for debit cards or checking accounts. Its going to be a hilarious time... Its going to happen after PayPal gets acquired by one of the mentioned companies after getting spun off.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8575396221761490577.post-40680757133620729592015-02-17T12:50:43.643-05:002015-02-17T12:50:43.643-05:00Anonymous 10:32 - Do you understand the first thin...Anonymous 10:32 - Do you understand the first thing about business? So they use "your" money. First of all I bet that is a huge amount and secondly, even if it is a couple million the interest rate is so low they don't earn much on it. Banks provide infrastructure, support services, etc. that all cost money. That is why they have fees. People think banks, hospitals, utilities, etc are charities instead of businesses. <br /><br />BTW, you should be looking at investment options that earn more income than is possible in a checking or savings account in the first place, secondly there are many options to avoid bank fees (minimum amounts, direct deposit, investment relationships, etc) and if you really think they are minting money then own stock in them as I do.<br /><br />Reminds me when people whine about gas prices and have no idea they could purchase oil futures or stock in the oil companies to profit much more than the small amount they pay extra in gas. SMHAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8575396221761490577.post-84486939899430301442015-02-17T10:32:28.502-05:002015-02-17T10:32:28.502-05:00Yes, I do expect them to offer services for "...Yes, I do expect them to offer services for "free." It is not free, they get to use my money for free. I keep money in the bank and they use that money to invest and make more money. So, free checking is not too much to ask.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8575396221761490577.post-77161667160364311802015-02-17T10:12:02.162-05:002015-02-17T10:12:02.162-05:00Yes indeed, Wells Fargo is a wonderfully appropria...Yes indeed, Wells Fargo is a wonderfully appropriate successor to good old "Walk All Over Ya".<br /><br />Folks, do yourselves a big favor. Leaves the banks and find a credit union you can join. Banks, like lotteries, are for people who can't do math.The Freeholderhttps://www.blogger.com/profile/09989697995675652792noreply@blogger.comtag:blogger.com,1999:blog-8575396221761490577.post-36663355110012370352015-02-17T09:45:30.864-05:002015-02-17T09:45:30.864-05:00What gets me is that people still think that a ban...What gets me is that people still think that a bank should provide their services for free. Do these same people also believe that 7-11 should give them free coffee, dry cleaners should not charge for cleaning, or that the lawn guy should mow their yard out of the goodness of his heart. Banks are a business like any other and provide a service that is not free to them. If folks don't want to pay for this service, then they can cash their paychecks at Wal-Mart and get money orders their to pay bills. Oh wait, that is not free either.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8575396221761490577.post-65786905857781809632015-02-17T09:28:36.322-05:002015-02-17T09:28:36.322-05:00Wow just charge with the lest amount an extortion ...Wow just charge with the lest amount an extortion fee to keep their merger dollars in your bank, so Wells can pay executives millions and pay the rich with lots of money higher interest so they get richer. Anonymoushttps://www.blogger.com/profile/09236817120136286839noreply@blogger.comtag:blogger.com,1999:blog-8575396221761490577.post-53498897857429571202015-02-17T09:24:35.110-05:002015-02-17T09:24:35.110-05:00And of course, it's convenient for folks to le...And of course, it's convenient for folks to leave out the fact that the government made a substantial profit on the stock warrants and interest payments it got from the banks during TARP - but of course that isn't part of the populist narrative so it's a fact conveniently left out of the discussion.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8575396221761490577.post-26238535969488233892015-02-17T08:09:12.223-05:002015-02-17T08:09:12.223-05:00Anon@7:12AM - It's clear that you have not bot...Anon@7:12AM - It's clear that you have not bothered to read and understand the root causes for the bank crisis and recession. Your tired old Fox News lies are embarrassing you. <br />NotaRobotnoreply@blogger.comtag:blogger.com,1999:blog-8575396221761490577.post-30586622346672265362015-02-17T07:59:42.868-05:002015-02-17T07:59:42.868-05:00Had the government not bailed out these banks afte...Had the government not bailed out these banks after their own irresponsible behavior, we'd still be in a depression.Anonymousnoreply@blogger.com