I especially like how in every case of being screwed by the bureaucracy the lowly citizen has only one option - go the the lawyers. And what are those? More bureaucracy!
Even worse, they cost substantial money.
How Bank of America Gave Away My Money
171–180 of 261 posts
Re: How Bank of America Gave Away My Money
#172Earlier quoted context omitted.
And then we look at the chairman of the committee, Jeb Hensarling, when the report was released: >A vocal critic of the Consumer Financial Protection Bureau (CFPB), he has received $183,400 from the payday lending industry since the beginning of 2013 (directly and through his political action committee), according to a report from the nonprofit Americans for Financial Reform. Why does Wikipedia mention his bribes fro…
How surprising. Not sure if that disproves the entire contents of the study done by the bi-partisan committee, but it's not adding any credibility. Which saddens me as there are legitimate problems in many of these regulatory agencies, but sadly the guys who fight against this stuff are often merely pawns for the interests of mega-corps. Rather than the interests of the general public and small/medium businesses owne…
its not even a little surprising
Re: How Bank of America Gave Away My Money
#173Earlier quoted context omitted.
It's not just Republicans, it's all the Christians they're in league with, and who vote for them. The philosophy you describe is modern Christian theology. It's called "Prosperity Doctrine", and basically boils down to "God rewards those he loves the most", so rich people are better people than the rest of us because obviously God loves them more and has bestowed gifts of wealth upon them. Go into any American megach…
you should edit your post to more specifically say "certain popular sects of Evangelical Southern Baptist Protestant Christians" instead of just "Christians".
It's the majority of Christians in America these days. It's not like all those mega-churches are mostly-empty on Sundays: they have thousands of people attending every week and pouring money into the coffers. And it's not like the tiny, little non-megachurches have somehow stuffed thousands of people into those little buildings.
Re: How Bank of America Gave Away My Money
#174Earlier quoted context omitted.
Republicans increasingly find these government ombudsmans as rogue. Companies should get to accost their customers, and if the customers don't like it, take business elsewhere. If a contract is violated, hire a lawyer and sue. Good people have money and can hire good lawyers. If you don't have money, get in line for a pro bono lawyer. It's completely reasonable and fair to have to wait years for this; afterall rich p…
It's not just Republicans, it's all the Christians they're in league with, and who vote for them. The philosophy you describe is modern Christian theology. It's called "Prosperity Doctrine", and basically boils down to "God rewards those he loves the most", so rich people are better people than the rest of us because obviously God loves them more and has bestowed gifts of wealth upon them. Go into any American megach…
Bigotry is a clear violation of HN rules.
Re: How Bank of America Gave Away My Money
#175Earlier quoted context omitted.
In theory: the blog's author would counter argue that BoA didn't perform due diligence in checking that the order mentioned the correct person, and even then, they didn't send the notification on time. The court rules against BoA, and it's up to their lawyers to recoup the money. In practice: BoA pays straight out of their pocket, sends those $3.4K to losses, and shuts this down before the media finds out. And based…
Absolutely correct. This is pocket lint to Bank of America. The big banks operate at an absolutely mammoth scale; BoA has 208k employees. More consequential mistakes than this happen by the thousands every day. There is, quite literally, a budget for it. It is an unfortunate reality for the US that you have to present as a savvy professional, but as soon as BoA is institutionally aware that there is a savvy professio…
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Re: How Bank of America Gave Away My Money
#176Earlier quoted context omitted.
you should edit your post to more specifically say "certain popular sects of Evangelical Southern Baptist Protestant Christians" instead of just "Christians".
It's the majority of Christians in America these days. It's not like all those mega-churches are mostly-empty on Sundays: they have thousands of people attending every week and pouring money into the coffers. And it's not like the tiny, little non-megachurches have somehow stuffed thousands of people into those little buildings.
plurality probably, not majority. you're right though that they tend to be far more engaged with their religious community than other nominal Christians are.
Re: How Bank of America Gave Away My Money
#177Earlier quoted context omitted.
It's not clear to me that it's the bank's fault. The court must've done some kind of discovery to send the bank a garnish order. So was the bank lazy and just took money from a similar named account without checking the details? Or did the court identify the wrong defendant and issue a garnish order for the wrong person?
Either way, BofA should still have given the customer sufficient notification to enable them to object before taking the money.
I wouldn't be surprised if they are specifically barred from doing this to avoid having defendants liquidate their assets right before the confiscate order comes through.
Re: How Bank of America Gave Away My Money
#178Earlier quoted context omitted.
> You'd file [...] an order to show cause hearing where > they are tasked to show up and show cause as to why > the transfer of money should go forward. The article very plainly describes how he was not notified until after the transfer of money already occurred.
Then you'd file an OSC with a draft order to restore the money to the account. The only catch would be convincing a judge to sign it, which if you stated the basic facts reasonably clearly and had a little help making sure formatting was correct would likely not be a problem. The overall point is that courts are just another system with a ton of formal rules and procedures, but for the average programmer/hacker type…
It doesn't help that the guy talked to over a dozen people who all passed the buck and gave him everything from useless and misleading advice to a shrug and a "not my problem".
In the end, he couldn't find a single lawyer who was both qualified and interested in his case. Everybody was either out of their jurisdiction or uninterested in such a small case.
Re: How Bank of America Gave Away My Money
#179The error was committed by the LASD, their response here is wrong: A few minutes later, she came back with the bad news. “Why didn’t you call earlier? It’s too late for us to withdraw the request. The money was already sent to the court! You need to go down to the courthouse and ask them to show you the court documents.” It is not his problem what they did with the money, they took it from him plain and simple. The e…
It's a conundrum. He could tell the branch manager to fix it since it was their mistake, but with the low level of competence displayed by said branch manager it is doubtful he would ever see his money again. Maybe try to elevate it to the district manager in the hopes that they can find their ass with both hands?
Re: How Bank of America Gave Away My Money
#180Earlier quoted context omitted.
Either way, BofA should still have given the customer sufficient notification to enable them to object before taking the money.
I wouldn't be surprised if they are specifically barred from doing this to avoid having defendants liquidate their assets right before the confiscate order comes through.
It's not like the only options are "take the money" and "let the customer liquidate it".
The middle ground is "notify the customer and freeze the accounts while they're responding".