53,000 of CitiBanks customers were ‘sweeped’ over the past 3 years..and guess what, the judge didn’t like it. In case you aren’t hip to the lingo, sweeping an account means to automatically remove positive balances from refunds or overpayments. Anyhow, the courts decided today that CitiBank will pay out roughly $18 mil. in refunds and [...]
I’m still stuck on how a city can file for bankruptcy, and then they go and do some more craziness. Anyone who works for the city of Vallejo is now banned from accessing a few new websites [they were already restricted from the act of social networking] including, the city’s newspaper. “We blocked these because [...]
No, it is not too good to be true. Key Bank wants to manage your funds, and word on the street is they do a pretty good job at it. In exchange for holding your money, they will give you an iPod Nano or an iPod Touch [dependent on the type of account it is]. [...]
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