[FRIAM] [off topic] Bank of america problems

[Gillian Densmore]

For SnG's  asked chatgpt. it (erroneously ?) thinks credit unions are
marginally more accountable then the big banks. It does, however, note no
one has anything good to say about BofA.

For even more grins a short snippet for peoples enjoyment:

console.log("Banks are Dicks. And it's fine to hate them");

It warns that "using offensive language can be considered illegal in
coding". Me wonders if someone got the researchers in trouble.

On Tue, Jan 10, 2023 at 3:35 PM Barry MacKichan <
barry.mackichan at mackichan.com> wrote:

> One more bank story. About 35 years ago, 1987 I think, we were owed
> $40,000 by a German company that had developed a keyboard with programmable
> LCD symbols in the keys. We had a word processor for mathematics which
> allowed the user to design new characters. We handled the display and
> printing of the symbols, but we couldn’t change the keyboard symbols, so
> this company seemed like a good fit. Normally we required all our overseas
> distributors to pay us with a remote deposit to our account, but this
> company sent us checks.
>
> I took them to Citizens Bank in Las Cruces, and weeks later, they still
> hadn’t cleared. In the meantime, IBM announced their new PS/2, Which in
> retrospect was a non-event, but the German company’s investors panicked,
> and they went into bankruptcy.
>
> We were left holding an empty bag.
>
> —Barry
>
> On 10 Jan 2023, at 15:34, glen wrote:
>
> I can't answer directly. But I can tell a story. A non-profit I'm involved
> with tried and failed to open a bank account at BofA. The bureaucratic
> rigmarole they put us through was intense. 2 of us officers had something
> like 10 different conversations with 2 bureaucrats at 2 of their locations.
> And their defense boiled down to a combination of "The Government" and "to
> protect our customers", including tangents about the Patriot Act and all
> sorts of nonsense. We finally went down the (metaphorical) street to US
> Bank and opened the account lickety split with no hassle at all.
>
> What can you do about it? Maybe ditch BofA for a better organization. I'd
> recommend a (local) credit union. But a bank that gives a shit about local
> businesses (e.g. US Bank) would be a good alternative. If you need the ease
> of international banking, then maybe you're out of luck. But Trump had good
> success with Deutsche Bank. They seem to play fast and loose. >8^D
>
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