FCOTD 08/09/2013 – Banks

Posted: 2013/08/09 in Fuster-cluck-of-the-day

Just when you thought the banking system couldn’t get any worse (again) . . .

Amid reports that the big Wall Street banks are up to their old tricks, namely the ones that produced The Great Recession, comes a new threat to your own, possibly unstable, personal financial situation.

Surely you’ve seen the commercials touting how convenient it is to use your cell phone to snap a picture of a check and deposit it to your account.

Guess what else is convenient?  CHEATING!

That’s right – and there’s nothing being done about it!

You give somebody a check, they phone it in, and a couple of months later they cash the same check again the old-fashioned way, over-the-counter.  All of a sudden your checking account is X number of dollars lighter, and unpleasant surprises start coming your way.  You complain to your bank, they point the finger at the other guy’s bank; the other guy’s bank points the finger at your bank.

And what do you get? The finger! The f#*%ing banks don’t care. “Safeguards? We don’ need no stinkin’ safeguards!”

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