so there is no "realistic" goal

 

Lets see where this comes from... OH YEA, CAPITALISM.

Dude @ Super-huge-ginormous-bank-man lends out houses that people can't afford. Now they're ****ING FINANCIALISTS, you realize that they should have responsibility for saying "Wait, if this **** defaults massively, or if housing prices go down, we're scroomed, bad business" No they didn't say that, they said.... THIS IS CAPITALISM, I'm going to make cash off this crap.

It's like dude @ bank has a bunch of alcohol ALLOWS everyone else to get drunk (ie. the consumer). Why? They wanted to get rich! Why else? What about responsibility?

Responsibility, of course there are a bunch of failures who couldn't afford a lot of stuff. But there is a HUGE FINANCIAL WTFNESS that is smart enough to know that, and instead of running a safe business, gambled for more cash with it?

I am pro capitalist, but guys who take advantage of the system and then cry for help when **** gets turned sideways and shoved back up their *** and gets help for is not it. They're "too big to fail" yea right.

If you have that many brains in a room, and have grown into a huge billionaire company, you might think JUST think to be a bit more responsible instead of greedy.

 

I think the fact that people actually sell other peoples debt to make money is ridiculous! Also that they rate certain investments as AA rating when they are at high risk is messed up. This type of rating really messes with peoples 401k.

 

For those people talking about having a hard time finding ATM's and a branch. Many of the major CU's in the Bay Area are Co-Op Network
Both branches and ATM's everywhere in the area including free use of the ATM's in 7-11 Stores
CO-OP Financial Services


On the other end - I encourage you all to read The Big Short by Michael Lewis It's the story of what really went on the the 2008 crash. Who got rich and how it happened. You'll be shocked at how dishonest and stupid the investment banks were/are.

 

Dumbest thing I've seen today. Banks are a BUSINESS, if they hand out loans to people that can't pay them back, that is a bad business decision. Guess what: if you make bad business decisions, you get ****ed up. Problem here is that no one got ****ed up, no heads rolled, no one was punished commensurately with the amount of mayhem produced. Thus the rules are inconsistent, and that is the whole point.

 

I'm a recent new member of NFCU! opened my checking account, savings, direct deposit, opened a cash rewards credit card, and even refinanced my auto loan. Great APR and dividend earnings

Closed my chase account today during my lunch.

 

banks won't go belly up. they will just have to restructure so that they are competitive and as a result slightly less profit for their shareholders. Yes, banks employ many people but as I and many other consumers we look for advantages when we chose a bank/CU(low APR, no fee's, good service, etc)

 

I totally agree with the abundance of ATM's as a credit union member. In my area where I work there is a chase branch two exits away about a few miles away. Along my commute route(14miles) I have 2 to chose from. Now as a CU member practically every shopping center has at least 1 free atm available. I work in Fremont and the biggest intersection by me has 6 ATM's.

 

^, I need to take a look at this and switch =D

 

Because the people who applyed for the loan in the first place are not to blame, poor them. They got tricked, they were just walking down the street when the mean ol bank people pulled them in and forced them to sign the loan papers without reading them.