Skip to content

Same ole, Same ole in the US - Big Business Screwing Average Joe

Tanko

Tanko

Joined
Oct 27, 2021
Messages
66,257
Capital One lost a lawsuit after screwing savings account customers out of interest payments.
The worst part is, Capital One profited $2B with the scam but only has to pay out $425M.

It just shows, it's profitable for banks and big business to screw the public, even if they get caught.


 

JDS

JDS

Joined
Dec 11, 2021
Messages
64,352
Capital One lost a lawsuit after screwing savings account customers out of interest payments.
The worst part is, Capital One profited $2B with the scam but only has to pay out $425M.

It just shows, it's profitable for banks and big business to screw the public, even if they get caught.


My son uses Capital One thanks for posting this. I’ll send him the link to see if he was one who got fucked.
 

MinnesotaFats

MinnesotaFats

Joined
Nov 1, 2021
Messages
6,788
Existing customers get a 2x rate on all savings. Thats a FUKKING GREAT DEAL actually. They might be getting 8-9% now and although we'll get 50 points cut in Sept (100% lock that bet in) the FED rate isn't coming dramatically down any time soon.

CapitalOne will have to buy out those customers individually and its going to cost them....
 
Top