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Wachovia allowing illegal drafts from checking accounts (Clark Howard Show)
Clark Howard show ^
| 2-21-2008
| Clark Howard
Posted on 02/22/2008 12:21:14 PM PST by RKBA Democrat
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A story to get your anti-socialist blood boiling. I was a little disappointed in Clark's advice. He didn't note that when you lay down with dogs, you're going to get fleas. Sure, check your statements. But more importantly, ditch your mega-bank and join a credit union!
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2
posted on
02/22/2008 12:23:12 PM PST
by
RKBA Democrat
(Lord Jesus Christ, Son of God, have mercy on me, a sinner!)
To: RKBA Democrat
Wow...if this is true, you could see Wachovia going down hard with federal investigations.
To: RKBA Democrat
4
posted on
02/22/2008 12:26:44 PM PST
by
petercooper
(Let's vote for the sickly, demented, terrorist-appeasing, illegal alien-coddling, senile, old guy.)
To: RKBA Democrat
Large national banks are nothing but legalized mafias.. the sooner and faster they fall the better off everyone will be.
Citi looks like they are going to be the first... hopefully many more will follow.
To: RKBA Democrat
Couldn’t happen to a nicer bunch of banksters. If they go down, there will be a lot of crying in Charlotte.
6
posted on
02/22/2008 12:27:00 PM PST
by
Clemenza
(I live in New Jersey for the Same Reason People Slow Down to Look at Car Wrecks)
To: RKBA Democrat
Without having heard the show but having heard a little about this, from what I understand, the people who were having their accounts drafted authorized the drafts.
7
posted on
02/22/2008 12:27:55 PM PST
by
Phantom Lord
(Fall on to your knees for the Phantom Lord)
To: RKBA Democrat
8
posted on
02/22/2008 12:27:58 PM PST
by
VOA
To: RKBA Democrat
9
posted on
02/22/2008 12:28:58 PM PST
by
petercooper
(Let's vote for the sickly, demented, terrorist-appeasing, illegal alien-coddling, senile, old guy.)
To: RKBA Democrat
I bank at a small community bank where the president is my neighbor. It’s amazing how much nicer a bank relationship is when the bank’s ownership and management has to see you and be able to look you in the eye in the grocery store.
10
posted on
02/22/2008 12:32:04 PM PST
by
SoDak
(Anyone but Obama)
To: RKBA Democrat
But more importantly, ditch your mega-bank and join a credit union!And this sort of fraud can still happen if you're with a credit union. The simple solution is to visit your local branch and place an ACH debit block with only certain debits allowed, e.g. for bill payments, certain electronic check conversions, and so forth. And, let your financial institution know the exact range of checks you have (preferably by ordering directly through them) and ask them not to pay checks that are not in that range.
Either way, stay vigilant, and watch your account regularly to catch fraudulent or simply erroneous transactions. This applies to all of you, regardless of whether you bank with Wachovia, Citibank, Bank of America, Navy Federal, USAA, or any other U.S. financial institution.
11
posted on
02/22/2008 12:35:39 PM PST
by
rabscuttle385
(Admin Moderator for President. The lesser of two evils is still evil.)
To: RKBA Democrat
Wachovia allowing illegal drafts from checking accounts (Clark Howard Show)...
hope they are fined into bankruptcy....and they can take bank of america with them!!!!!
To: petercooper
Now that was dumb. The customer was stupid, and so were the Wachovia employees. But, hey what else can you expect when you pay your tellers only a few bucks above minimum wage?
13
posted on
02/22/2008 12:39:05 PM PST
by
rabscuttle385
(Admin Moderator for President. The lesser of two evils is still evil.)
To: Slapshot68
Hmmmm......
Wachovia recently bought A.G. Edwards too.
I wonder what the impact on old time A.G. Edwards customers might be?
14
posted on
02/22/2008 12:39:08 PM PST
by
Fiddlstix
(Warning! This Is A Subliminal Tagline! Read it at your own risk!(Presented by TagLines R US))
To: RKBA Democrat
I would be appreciative should you add me to your ping list.
Thanks in advance.
15
posted on
02/22/2008 12:40:08 PM PST
by
G.Mason
(And what is intelligence if not the craft of out-thinking our adversaries?)
To: RKBA Democrat
I like the Clark Howard Show. Especially the segment about making one ply toilet paper out of two.
16
posted on
02/22/2008 12:51:19 PM PST
by
duckman
(I refuse to use a tag line...I mean it.)
To: RKBA Democrat
Check your bank and credit card statements every month, line by line. If there's a charge you don't recognize, question it.People have to be told to do this? I learned to do this when I opened my first checking account when I was barely in my teens. If people don't keep track of their accounts I can imagine a lot of money leaking out.
For the first twenty or so years my monthly statement was a copy of the daily transactions to and from my account. Every statement I received showed bank errors that they caught and corrected. There were also a few errors that I caught and had them correct. I'm sure the same happens today but I don't get to see all of the activity.
17
posted on
02/22/2008 12:51:25 PM PST
by
FreePaul
To: SoDak
I work for a $2 Billion financial institution. The smallness is very nice. I can walk into the CEOs office virtually unannounced if I want.
Its usually the other way around though.
18
posted on
02/22/2008 12:52:33 PM PST
by
Phantom Lord
(Fall on to your knees for the Phantom Lord)
I did a seminar with Clark Howard just shy of a year ago. He is the same goofy person in person as he is on the radio. Super nice and a brilliant mind. No doubt.
Getting to sit with him for an hour before he was brought out to the public was a great experience. Was pretty much just his nonstop telling us about he most recent deals. Like how he just needed a new pair of glasses and he got them for $9 online. He passed them around for us to inspect.
19
posted on
02/22/2008 12:55:43 PM PST
by
Phantom Lord
(Fall on to your knees for the Phantom Lord)
To: Phantom Lord
I work in back-rooms of institutions very similar to yours everyday across the country.
20
posted on
02/22/2008 12:57:38 PM PST
by
SoDak
(Anyone but Obama)
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