'Occupy' types

[over the mountain]

OVERDRAFT FEES BY BANK OF AMERICA

1 example of corporate greed effecting my hard earned livelyhood and am sure im not the only bank of america customer.

Ive had a BofA checking account for about 7 years now. As a student then a low wage working person I sometimes would go over my limit. Sometimes i would check my account after a weekend and I would be -300 plus when i figured i only really spent $50 or so more than my balance. This happened sometimes 2-3 times a month when I was real real broke.

More than a few times i went into BofA and vented that it wasnt right that they would charge me 35 dollars for a 6 dolar, sometimes 3 dollar purchase. they told me i should be aware of my balance and to use internet banking to keep a close watch and also recomend having overdraft protection. i really was pissed on more than a few occassions with them.

i got something in the mail about 6 months ago saying there is a class action lawsuit against BofA. when someone like me would be close to their balance, BofA would run the bigger charges first to make me go over quicker, that way they could charge me as many 35 overdraft fees as possible on the smaller purchases.

example of charges for a weekend (when bars/restaurants hold their weekend charges)

I have $115 balance.

I have pending charges in order of purchase date/time of:
$4.50
$9
$12
$23
$2.50
$7.50
$87
$56

BofA would run the $87 and $56 dollar charges first even though they were the last charges made, that way i overdraft quicker. then they would run the $4, $9, $7.50 charges etc so they get $35 a piece.

you wanna know the real kick in the nuts? to exempt out of the class action so you can sue BofA personally they directed you to a website. you had to opt out by some date in october. when i tried to go to the website in september to exempt myself the website wasnt up and running yet.

so now im going to get a check for a less than $10 even though BofA has done this scam on me for years and gotten close to a thousand dollar off me (no exagerration). to make my nuts hurt even worse, these sleeze ball attorneys are going to get 40% of the certified class action settlement before any of us millions of effected BofA victims get our pennies.

a third kick in the nuts. BofA bought my freakin home mortgage the second i bought a house. those bastards.

Details on Filing Claims for BofA Overdraft Settlement Arrive-

[NC_Skins]

Originally Posted by over the mountain

OVERDRAFT FEES BY BANK OF AMERICA


a third kick in the nuts. BofA bought my freakin home mortgage the second i bought a house. those bastards.

Details on Filing Claims for BofA Overdraft Settlement Arrive-

Hey guys. I hear protesting doesn't work.

Big Banks Decide Against Debit Card Fees - Chase, Citigroup not following Bank of America's lead


Oh wait.

[over the mountain]

Originally Posted by NC_Skins

Hey guys. I hear protesting doesn't work.

Big Banks Decide Against Debit Card Fees - Chase, Citigroup not following Bank of America's lead


Oh wait.

i saw this, havent read up on it yet. ive threatened to leave BofA before but they bank on people like me going for the lazy convenient way.

since they bought out my mortgage its nice to just transfer over money from my checking to pay monthly.

bastards i really want to switch.

[JoeRedskin]

Originally Posted by NC_Skins

Hey guys. I hear protesting doesn't work.

Big Banks Decide Against Debit Card Fees - Chase, Citigroup not following Bank of America's lead


Oh wait.

Where and when has anyone suggested that "protesting doesn't work"? Effective, relevant and goal oriented protesting has always been an effective way of creating change. In this case, the protest was incredibly effective b/c it had a specific goal and manifesting the protest by creating an tangible economic measure - loss of customers.

There was a specific goal: eliminate fees, and a specific course of action directly relevant to that goal: take your money out of a bank that imposes fees. Simple, easy and direct.

Right now, as Lotus eloquently pointed out earlier and others have reiterated, OWS simply has not articulated a goal that can be accomplished - not a simple one, not a complex one. Rather, right now, it is just people complaining about problems and that is not, and has never been, an effective way to protest.