the high cost of banking
Somewhere, The Dude does not abide.
Cops have finally nabbed a man they say ripped the rugs from six different Chase ATM locations in Manhattan, police told The Observer.
“There’s no one there to stop the criminals, and pedestrians think they’re just doing maintenance for the ATM,” the police source said.
Bronx resident William Footman, 55, has been charged Read More
IMPRESSIVE DISPLAYS OF CHUTZPAH
In recent years, the Upper West Side has been besieged by bank branches, with countless TD Banks and Citibanks, Chase Banks and Banks of America gobbling up once-vibrant street corners, the dull gleam of their ATM screens casting an eerie glow on the empty sidewalks late at night.
There has been hand-wringing, there have been outcries, there is even a zoning ordinance that prohibits banks from having storefronts wider than 25 feet. And unlike the cancerous spread of Duane Reades across every corner of our fair city, which for all their colonial tendencies offer a certain languorous refuge for the stressed city dweller, no one can quite understand what is driving the bank branches’ spread. Aren’t we always told that people are doing more and more banking online? Other than withdrawing cash from the ATM, how often do most of us really visit the bank?
For those in the country who aren’t astoundingly naive enough to think that Hurricane Irene was all “media hype”—like those currently without power who don’t know when they’ll get it back, or worse—some of those supplies purchased in the lead-up are beginning to run low. If you’re a large financial institution lacking the good will of Americans lately, this is a great opportunity to lend a hand to affected communities around the country by donating supplies and organizing relief efforts! Or even better…
For all those underwater homeowners out there, there may not be enough money to buy presents this year, but at least the big banks won’t be evicting anyone during the holidays.
Well, the Christian holidays. Fannie Mae and Freddie Mac, the federally sponsored lenders, announced that they will hold off on foreclosures for Read More