Nate,  this is how most Banks in the US have been
for the last 40+ years..

Utterly rediculous, unethical, and slimy.

Derward


\
----- Original Message ----- 
From: "Nate Duehr" <nate@natetech.com>
To: "Microcontroller discussion list - Public." <piclist@mit.edu>
Sent: Tuesday, April 29, 2008 2:58 PM
Subject: Re: [OT] Fighting Compass bank over overdraft fees


> Nope, normal.  Similar "holdbacks" recently pushed an entire airline 
> into bankruptcy.
> 
> http://www.frontierairlines.com/restructure/index.html

<snip>

> - U.S. Banks gave out billions in bad loans via mortgages and credit 
> cards to people who should have never had them.
> 
> - U.S. Banks start to go bankrupt by reaping what they sowed.
> 
> - U.S. Banks change their rules -- NOT in how they hand out consumer 
> credit, but instead start "holding" money for the businesses in case the 
> credit THEY handed out, was bad debt.
> 
> Utterly rediculous, unethical, and slimy.
> 
> Nate

<snip> 


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