10 big banks get OK to repay $68B in bailout money

10 big banks get OK to repay $68B in bailout money For those following the banking news this is a pretty interesting story as are the comments posted on the bottom.

What's going on with Chase?

I just got a skip payment on my credit cards because I am such a good customer. What? Is this the same Chase that recently sent me a default notice on my mortgage and dropped my credit rating by 100 points over a $20 late payment on a line of credit? Is this the same Chase that just put raised my interest rates by almost 8% and doubled my minimum payment because I was less than 24 hours late on my payment because they had moved up the due date by a week? Is this the same Chase that recently bulldozed their way into an almost hostile takeover of WAMU?

Yes, it’s the same Chase. So I have to ask myself why? Have they turned over a new leaf and felt sorry about how they have treated the American people? I don’t think so. Is it because the public outcry is now so great that they are trying to mollify the people and the investigators who may be looking into their practices? Maybe.

Congratulations :)

You have made it this far into new technology. I have already had a couple people contact me and say that they could not figure out how to post a comment or make a vote. So, if you would like to do so and can't figure it out...send me an email and I'll post it for you. And, don't feel bad, it took me hours to figure out what would probably take my kids 15 minutes. peacocksetc@yahoo.com