Bank of America and the 2nd amendment.

[Dave Workman]

Well, I weighed in on it this morning but was careful to use terms like "alleged" and "asserted," and (Jamie, never mind responding to the PM, I found it with some hard looking) ran the bank's denial...which is kind of buried on its Facebook page. That doesn't make sense to me, since if it were me, I'd be posting that in big bold capital letters at the top of the page.

But I'm trying to be fair and balanced...or something.



See what you think between what I did and what others wrote:

http://www.examiner.com/article/bank-of-america-goes-anti-gun-says-mcmillan

 

[Jamie B]

hso - If the issue is local and national has been forced to respond to the issue, Mr. Fox will be in deep trouble for inconveniencing his boss' boss'.

Yup, that is what I am thinking.
Local account manager had Wheaties for breakfast, and decided to be a bad azz.
This Fox clown might be in deep hooha.

Dave Workman - sorry that I missed you!

 

[Jamie B]

Nice column, Dave!
Good job on the additional information.

 

[WEJTWO]

Here is the response I received today from George W. Smith, Commercial Bank Executive, Bank of America's "Executive Offices":

BAC's response is at the top. Our email requesting information is below.

-------
FROM: Executive Offices ([email protected])

We want to let you know that we hear your comments and questions regarding one of our customers. While we cannot discuss the details of any individual client we work with, we can assure you the allegations being made are completely false. Bank of America does not have a policy that prohibits us from banking clients in this industry. In fact, we have numerous, longstanding customers in the industry.

In reviewing the facts of the case, we do believe there was a miscommunication with this client, and we have already reinforced our policies with our teams and with the client. We have also discussed with the client a transition period during which the client may be able to obtain a new source of funding.

George W. Smith
Commercial Bank Executive


From: Bill James [mailto:[email protected]]
Sent: Sunday, April 22, 2012 8:40 PM
To: IR
Subject: Request from Shareholder for Information
Importance: High

Dear Sir or Madam:

My wife and I are shareholders of BAC.

My question is regarding reports in this weekend

 

[WEJTWO]

Here's the email we sent BAC (was cut off in prior post--not good at this tech stuff):

From: Bill James [mailto:[email protected]]
Sent: Sunday, April 22, 2012 8:40 PM
To: IR
Subject: Request from Shareholder for Information
Importance: High

Dear Sir or Madam:

My wife and I are shareholders of BAC.

My question is regarding reports in this weekend

 

[St8LineGunsmith]

Bank of America is ran by crooks and needs to be shut down
I have my reasons for saying but don't have the time to explain

all you have to do is google class action lawsuit against bank of America this will pretty much explain how BOA is ripping off thousands of home owners and I am one of those Home owners.:banghead:

 

[gym]

BOA has a new policy, I gave them a deposit of $900,00 and they gave me a receipt for 100.00, I atarted out the door and noticed that they only gave me the cash part. I went back in and was told that sometimes this happens and the deposit would show up after 12am. An hour later I felt uneasy about this so the calls started, I made sure that the bank MGR walked over to The teller whose nam I took, and made sure my checks were indeed there, I called 3 supervisors and asked for some sort of verification that they had my money as I had no receipt. The best I could do at that point was get names and statemants with management on the phone, luckilly it posted at 12. I will never allow this to happen again, as the checks were made to cash, They really didn't want to tell me there was a glitch in their printing system. But be careful and look at the receipt, it usually has what's available and what will clear, not necessarilly anymore, if I go back and it happens again, I will close me 3 BOA accounts and take them someware else after 20 years.
The only good thing about BOA is the offer "title by entirety" accounts which I guarantee your bank teller and MGR never heard of, even BOA tellers never heard of it, It prevents a spouse,"u must b married" to be sued for the other spouses problem, another words your wife or you get sued, they cannot attach your account. I learned this little trick from a slick attorney.
We have had this now for 15 yrs, same check just says Title by entirety on top, very good for a small business.

 

[MachIVshooter]

In this case, BofA could (but probably won't) claim that McMillan is attempting to unfairly deny their customers the same use of their credit cards that McMillan grants to the customers of all of BofA's competitors - creating an unfair competition for credit.

Merchants are free to decide which credit cards they will accept and which they wont just as I, as a shop owner, can decide I will not use parts from certain vendors, with or without reason. That includes the ones a customer may bring. In turn, I run the risk of not getting that customer's business, just as McMillian may lose the sale to a BofA cardholder. I won't use inferior parts because people don't usually distinguish between a parts failure and a mechanic error. It would reflect poorly on me, and I'm more interested in my reputation and integrity than I am in making a sale. McMillian has made the same decision.

There is a mile long list of reasons to shun BofA. For me, the credit cards for illegals is the big one. Of course, I've also been on a cash-only system for the last 3 years, save for the mortgage.

 

[Double Naught Spy]

Yep, BOA has had some dumb policies over the years. They have been known to be anti-gun since at least 2001 and as early as 2003 on this board. I just can't figure out why McMillan is upset with BOA. They should be happy to be free of an anti-gun institution that they have supported for the last 11 years.