Tuesday, October 19, 2010

UAW Chastises Chase Bank

According to the Detroit News, the UAW is threatening to take all of its deposits out of Chase Bank, deposits amounting to hundreds of millions of dollars for multiple reasons. The bank has refused to honor a foreclosure moratorium in Michigan. The Bank has taken a position backing Big Tobacco in its fight against unionization of farm labor, and although the article doesn't mention it, Chase is just a shitty bank. Don't believe me? Check out these sites

www.chase-sucks.com (check out the forum)

I was already boycotting Chase due to its close relationship with Trilegiant Corporation (now part of Affinion). Here's a link to my blog post on the subject in 2007. Trilegiant/Affinion is a multi-billion dollar scam enterprise. How big of a scam is it? Apollo Capital, the private equity company that owns Affinion is trying to take Affinion public with a starting market capitalization of about three billion dollars.

Now for my marginally relevant video of the day: Be Gentle Tonight, by Jaye P. Morgan, formerly of the Gong Show and Founder (okay, probably not) of J.P. Morgan Chase.

Since I'm on the subject of the Gong Show (and in keeping with my usual criteria of only the highest standards of blogginess or blogitude) , I have to embed this Gong Show clip. It's been almost thirty years since I last saw Gene, Gene, the Dancing Machine. I didn't realize how much I missed him.

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