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Posted: Sun Dec 21, 2008 2:14 pm
by janderson
Hi All
Picked this up off the news today, what a good example of the banking industry and its attitude to people.
Disgusting
http://www.sundayexpress.co.uk/youtube/6CYDguNF71I
Posted: Sun Dec 21, 2008 4:03 pm
by David Mond
That is the banking mentality!
Posted: Sun Dec 21, 2008 7:33 pm
by Breakdown
I am so shocked at that video! Not surprised though. It always amazes me what people will post on youtube. I hope someone recognises them, and they are named and shamed.
Posted: Sun Dec 21, 2008 8:05 pm
by brickwall
Disgusting!!!!!
What more can you say.....
Posted: Thu Dec 25, 2008 4:03 pm
by David Mond
Banks think that they are a law unto themselves:
They regularly refuse to pay back monies they have wrongly seized on the pretext they have a fixed charge over book debts in respect of corporate liquidations.
They have made excessive penalty bank charges (subject to Court of Appeal decision).
They have been instrumental with mis-selling payment protection insurance.
They have created the "credit crunch".
They refuse to lend money to industry and individuals unless under ridiculous constraints.
Most of their commercial policies are flawed and the majority have had to be bailed out by us the taxpayers.
Interest rates should be fixed at an upper level as with a number of european countries and there is a good case to be made out for the total banking industry to be nationalised for a long period, bring in decent and good management and then sold back to the public based on a new banking charter and principles.
The current Banking Code is a myth and most of the Banks don't follow TCF (Treating Customers Fairly).
Roll on the OFT taking action under the EU Unfair Trading Practices Directive.