Tampilkan postingan dengan label banks. Tampilkan semua postingan
Tampilkan postingan dengan label banks. Tampilkan semua postingan

Kamis, 02 Februari 2012

Number of the Day

5.6 Million: The number of Americans who have switched their banks in the last 90 days.
Javelin noted that this pace of account closing is three times the normal rate. While 11 percent of people moving their accounts cited Bank Transfer Day, one quarter said they moved their money because their old institution charged too many fees. Account closures at Bank of America, the nation’s second largest bank, actually jumped 20 percent in the fourth quarter of last year, potentially driven by the bank’s ill-fated decision to implement a $5 monthly fee for its debt cards.

Selasa, 20 Desember 2011

This is so the worst thing you're going to read all day.

Bloomberg: Bankers Seek to Debunk Attack on Top 1%.

Everything about this article is perfectly hilaritragic. I especially looooooove the insistence that the richest people in the country are rich exclusively because of hard work and perseverance. "Instead of an attack on the 1%, let's call it an attack on the very productive." Ha ha sure. Let's do that, fucko.

But first, let's you and I see which one of us works harder in a day. Let's see if you or the last waitress who served you works harder in a day. Let's see if you or any one of the hundreds of people in service jobs with whom you come into contact on a daily basis whose humanity you don't even notice, no less acknowledge, works harder in a day. Let's see if you or a homeless person just trying to stay warm, fed, and alive works harder in a day.

Let's do that math, and then let's indeed call the increasing divide between the haves and the have-nots in this richest country in the world "an attack on the very productive."

Productivity isn't the issue. The kind of work we choose to value and the people whom we choose to do that value is.

Senin, 19 Desember 2011

Number of the Day

$156 billion: The approximate estimated total of 2011 bonuses at seven of the biggest US banks—Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, US Bank, and Wells Fargo. The total is "slightly larger than last year's record-breaking number."

Perfect. Good for them.