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Forum Post: How To Kill a Bank (ver1)

Posted 13 years ago on Oct. 17, 2011, 3:58 a.m. EST by TRUMP (4)
This content is user submitted and not an official statement

Capital one bank - posed 12-14% loans in 2006

Real Simple -Lets start not doing Business with this bank - it will be closed within a year !!!!!

Dirtbags !

8 Comments

8 Comments


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[-] 1 points by Keithoc (24) 13 years ago

Occupy call your neighbors, friends, families, and anyone you know who uses the big banks. Tell them to take their deposits out and put them in a local credit union or small bank Oct. 29th 2011.

That's the start date of the G8 meeting. The G20 meets Oct 23. We can try for that date if we act fast enough!!! (finance ministers and central bankers of the world’s twenty richest nations, called the G20 [eight richest called the G8])

If you want to get 6% interest on your savings up to $50,000 deposit the funds in Inter National Bank's savings account here: https://www.mangomoney.com/

When it asks for a referral code during the signup process use 6304504154

[-] 1 points by PublicCurrency (1387) 13 years ago

I am slowly migrating my accounts to the Credit Union.

CALIFORNIA LEGISLATURE PASSES BILL TO STUDY STATE-OWNED BANK

http://www.webofdebt.com/articles/california_leg.php

[-] 1 points by amanoftheland (452) from Boston, MA 13 years ago

dump federal reserve notes and return to Silver,Gold and Barter. Can any tech savvy people start a barter bank?

[-] 1 points by rah00002004 (1) from Vadodara, Gujarat 13 years ago

let me give you an example. If in a island there are 100 people and you provide 10 coin to each and give authority to one guy to land the money and charge interest over it. In the end he will be carrying all the coins. the same situation is here with present banking system and big financial companies. they are earning more money with their existing money without doing and value added work. They are converting their paper and digital money into physical assets.

[-] 1 points by takeusaback11 (1) from Irvington, NJ 13 years ago

yep.. i say even better ..stop putting money into any banks..take your money out people...use cash for everything, every debit card transaction is recorded

why do we as americans seem to think we need a bank to hold our money...your all grown ups and you can take care of your own money.

[-] 1 points by FuManchu (619) 13 years ago

Move money to credit unions. They are more capitalized than most banks anyway.

[-] 1 points by TRUMP (4) 13 years ago

there was a movement in the Wall Street banking community to take their firms public. Previous to the late 1990′s, banks were private partnerships set up similarly to a law firm. This structure forced partners of the bank to keep a watchful eye over the risk other areas of the operation were taking. It was not uncommon at a partner’s meeting for the investment banking guy to look the prop trading guy in the eye and ask why the hell they were assuming so much risk. Because of the structure, banks prop trading desks risk taking abilities were kept in check. nce they went public, the game was over. Banks were playing with the public’s money, not their own. Playing with other people’s money lead to excess. Now former partners weren’t as concerned about their bonuses. The first job they had was to maximize shareholder value. To do that, banks turned to aggressive prop trading. It was the quickest way to make a buck, and since via Reg NMS they controlled the entire distribution chain, money was easy to make with relatively little risk.

[-] 1 points by Keithoc (24) 13 years ago

Occupy call your neighbors, friends, families, and anyone you know who uses the big banks. Tell them to take their deposits out and put them in a local credit union or small bank Oct. 29th 2011.

That's the start date of the G8 meeting. The G20 meets Oct 23. We can try for that date if we act fast enough!!! (finance ministers and central bankers of the world’s twenty richest nations, called the G20 [eight richest called the G8])

If you want to get 6% interest on your savings up to $50,000 deposit the funds in Inter National Bank's savings account here: https://www.mangomoney.com/

When it asks for a referral code during the signup process use 6304504154