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Bank Of America Locks Out Its Online Clients For Second Day In A Row
No, this is not due to everyone pulling their money online at the same time. Uh uh. Not at all. Nosireebob. And no, those rumors that BofA will charge you $4.99 to access your account online are just that - rumors. At least for now.
Luckily, if you want to access your online account, you can. Oh wait, we meant to say you can't.
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I recommend all bitchez swich to Everbank. You can even bank in other currencies.
I'm sure everything is "fine" over at BAC.
I got lucky from all their technical difficulties. apparenty, my BAC credit card completely vanished from their system. i was on the phone with them for 1 hour friday trying to pay the damn thing, and the 4 employees I talked to said the account didnt exist.
this bank is toast
BAC is transfering accounts.
You'll soon get a new bill in your mailbox....from Goldman Sachs!
Pay the Vampire Borg Squid, Bac!
Bank run bitchez!
Anyone that has a bank account with BofA is either not paying attentions or plain stupid.. Or both..
Not when your BAC debt disappears
shit, your disappeared debt just showed up on my federal government liabilities statement.
The website is slow, but it is working. I've performed transactions.
HIt the ATM. Made a large withdrawal. No problemo.
Just substitute 'website' with call-girl and that's exactly how I would describe my last encounter with a hooker.
What did you do beside change your mailing address?
My sister in-law works at Fannie Mae and said there has been some strange activity with BOA in the last few days. My sister is a realtor and is hearing about BOA loans being unable to close or be underwritten. I know, it's not reliable info and it's barely even info, but I'd just like to throw that into the mix. My sister just closed her BOA account today.
Exactamundo! I recall, around several years ago, I happened to turn on the godawful faux crat (phony dem) Bill Press show, and some douchebag self-described "savvy professional Black Woman in her mid thirties, was switching from B of A to JPMorgan Chase!!!!!!!!!!!
Unfrigging believable how ignorant these Ameritards are????
Yes, anyone still with the criminal, and insolvent, Boink America is truly bereft in the neuron and synapse department.
But as to their IT --- I was interviewed for a network controller job there, and the douchebaggers asked me if I knew what a 1099 was (I faked it and acted like I was thinking about all the hardward I worked with as I didn't want to work in an all-males department.0
BofA deserves to go down, and go down hard......
guess we have a strong contingent of that demographic posting regularly here, as the BoA weekend thread proved - still letting the TBTF use their "money" by holding balances large enough to escape monthly fees - "savvy" - /sarc.
A friend who was laid off a couple weeks ago applied for unemployment for first time - been working 30 years. Said process easy, on-line, took about 35 minutes. Was surprised to have just received a BofA debit card to access her unemployment benefits that will automatically be put there.
Really? BofA is the government's arm for delivering unemployment benefits now? Not a check, but direct deposit to BofA. At least in Northern California. So . . could everyone accessing their unemployment for 1st of month have crashed their system?
I am just outside Chicago and my unemployed friends have Chase debit cards for unemployment.
I am just outside Chicago and my unemployed friends have Chase debit cards for unemployment.
Texas uses them here also.
Guess what, in NORMAL times we had 52 weeks total if you had worked enough quarters.(unless you were illegal)
And if there was a balance on the card(for any amount),you could not get it by going in the bank and to a Teller.
Had to use ATM,and if you had $19.99 left in (Min W/D was like $20.00),YOU LOST IT.
uncle sam, ben, and cousin tim, love spreading the wealth..its the wealth effect, y'know..TBTF=the banks that fuckya
"in NORMAL times we had 52 weeks total if you had worked enough quarters"
really? I worked for over 20 years at the same place and when I was laid off I received 26 weeks of unemployment. THAT is the norm, not a whole year!
No Shit
I was on unemployment in June 1989 in texas and it was 26 weeks, not the 52 and 99 weeks that some people have. Texas is notorious for paying low unemployment. When you need it , it sucjks but you also don't get hooked on the crack pipe for 2 years
So Texas' low unemployment payments is a crackpipe?
Or the system is being "crashed" in order to prevent people from accessing benefits?
Testing... 1... 2... 3...
In the day when people would start a bank run, you would know it due to everyone trying to get to a teller window. Is this how an electronic bank run plays out?
Now it's the 15 minutes to load a page gimmick or asking for your user name and/or password a couple of hundred times.
i went to deposit a small amount on friday and bofa offered me $100 to transfer funds of at least $25,000 from my "other" bank accounts into my bofa account. my short response was: wait, so now you want ME to bail you guys out?
the look on that teller's face was priceless as he tried in vain to keep his chuckling to a minimum.
"Really? BofA is the government's arm for delivering unemployment benefits now?" Its different from state to state. I'll look it up.
oh well, can't find it anymore.
Thanks for trying. I'll look too.
had that in bookmarks
http://berkeleydailyplanet.com/issue/2011-08-17/article/38248
Thanks Carmagnole! Great article. You other folks should read if have time
In a letter dated August 9, California’s Employment Development Department (EDD) announced it was discontinuing the practice of mailing unemployment claim checks to EDD recipients. Instead, the letter explained, the EDD was introducing “electronic benefit payments” that could be tapped via an EDD Debit Card.
EDD cited only one argument for the change: “You will no longer be waiting for checks in the mail.”
What the EDD’s letter did not fully explain was that, under the new system, in order for the state’s 2.2 million unemployed to retain access their all-important EDD checks, they must first agree to become customers of Bank of America.
So, in Northern California anyway, BofA will "make" $60/year on people unemployed by them being forced to access benefits through the debit card and therefore incuring the $5/mo fee. Sure sure BofA said they won't charge for ATM use, only debit card swipes elsewhere . . . but how soon will that be adjusted? And if Illinois and Texas push unemp bennies through Chase, who soon until they charge for same.
Our government sure does love the big banks.
BofA, formerly the NationsBank Corporation (that's who bought them in a clever and snarky backroom maneuver, involving DB Shaw, Mellon Bank, Goldman Sachs and failed Russian bonds, etc.), owns North Carolina, and JPMorgan Chase handles the majority of those cards elsewhere.
Not a reliable excuse...
Exactly right. B of A will simply be absorbed by another member of the mafia banking cartel which owns the privately-held Federal Reserve.
+1
you're such a gentleman Tuco *smile*
Thats exactly what is happening, they are in the process of liquidating, but who will hold the toxic debt that BOA was "asked" to swallow from Countrywide. I know Goldman will only want bank accounts to take over.
I had something similar happen in June -- my only remaining account with BofA was a credit card with 20+ years of history on it. Their explanation was that there was an undisclosed hacking incident and they had to replace something on the order of 250K credit cards, and mine was one of them.
Perhaps they got hacked again, but at this point I'm inclined to believe that people are leaving in droves to the point it's overwhelming their systems.
In my case, it was the last push I needed to move over to a credit union, though my primary banking was already outside BofA.
Wish they would lose my home mortgage!
A bank holiday will mean all banks close. Take away the trill that BAC has in deposits and you take out $10 trillion from the system, due to their fractional reserve leanding tactics; and yes, they are fully leveraged. Run tell dat.
a virtual rehearsal for a virtual hearse
I don't think this will be a 'bank holiday'. It's more like 'bank sick days'.
You can even bank in other currencies.
Oh, good, that makes me feel so much better,more paper.
Actually, Everbank also lets you bank directly in Gold and Silver accounts. Even *allocated* gold and silver accounts.
I'm no fan of banks -- but Everbank is on my short-list of banks to 'not hate'.
Mulligan's bank.
Midas Mulligan -- refreshingly, only one branch.
Heck, even Monex provides PM storage. It's been going on for hundreds of years. Everyone wants to hold your PMs. The problem is that they can cheat on that a little and create enormous potential to make themselves wealthy without taking on any of the risk. You take the risk.
And they'll tell you it is all insured by Lloyd's of London. As if PM buyers take action based on what the brochure tells them. Well, some do, unfortunately. Boggles the mind.
Rent a safe deposit box. Or use a shovel and lots and lots of concrete. Don't use someone who can say, "Lloyd's of London".
Keep your PMs cool, dry and nearby. A safe deposit box does not qualify!
Who will insure lloyds when they go down
AIG -- silly
:-)
YOU -----silly
So you are buying something just to burry it? If you are hoping to grow more, I think you are doing it wrong.
Man gold bugs are crazy!!!
Safety deposit boxes are rendered useless in the event of a bank holiday. And the fuckheads @ IRS can access them. However, the thought of keeping real money in a ponzi/fiat facility would be somewhat thrilling...
my favorite is my piggy bank..used for ag and au.
LOL, hehehe....go for the Greek Drachma.....
I was the first here, and that is why so many negatorials. Just Pissed off bitchez that don't bank anywhere. losers.
Everbank is really good. If you've got cash to stash put it with Everbank. Currencies, commoditiy backed accounts, you name it.
Do those shills at BofA give you those kind of choices? BofA is the all American Drive through liquer store of Banking. It's really good for underaged drinkers out in a cruise in mom and dad's car. And that covers most of Americas Banking needs. IMO
The chief is right folks. Been with EverBank ever since they absorbed the (failed) NetBank. It's a good bank.
Thunderchief Rant - Sponsored by EverBernank!
Most folks are better off with a local credit union.
Did I just say 'folks'?, that sounds like Barry O in jivin' mode...jeez.
What do you know...EverBank is an owner of MERS (with a lot of other bad company):
http://www.mersinc.org/about/shareholders.aspx
what about buying diamonds as a safe way to protect cash?
Have you ever tried to sell a diamond?
http://www.theatlantic.com/magazine/archive/1982/02/have-you-ever-tried-...
What a load of crap. BAC is freaking doomed. Get it over with already.
What a load of crap. BAC is freaking doomed. Get it over with already.
Even with a 3+Trillion( NON APPROVED) secret loan?.............sheeesh, what a clustefoxtrot they must be in.
So THAT is what is making the market go up? BAC sidepocketing their retail deposits for a one-day ES pump! Oldest trick in the book.
Oh boy...
DavidC
Panic Bitchez
http://605981340736885861.weebly.com/
Burn BAC, you bitch, BURN............
there must be other "if you like, you can:" options, no? WB7???
who do they think they are, e-trade? lulz
Read that Anon was responsible for the outage the other day. Don't know if its true.
Bank run bitchez!
Ever notice there logo looks like 3 elevens or 3 twin towers?
That's 11/11/11 which is the same as 666 digitally.
Wut?
11 = 3 in binary
110 = 6 in binary
11 0 11 0 11 better ?
So -- the zeroes are silent?
That's what the Arabs told us when we bought the zero from them. I always liked those Xs,Vs, and Cs better.
Aw, what's a bit here and there really amount to, between friends. That's what checksums are for!
0110110110 maybe then ? I was trying to make it easier on the eyes.
November 11, 2011 is upon us - could be. These elitists love to use symbolism...and if everything is rigged they can destroy anything whenever they want. Will 11-11-11 be BoA's day of fate? 11+11+11 = 33 (as in 33rd degree freemason) AND add all the 1's up and it = 6 (as in 666 - which is short for 60, 60, 60 which are the degrees of each angle on a perfect triangle - as found on the back of a dollar bill.) Hmmm....
This might raise some eyebrow's of anyone who has looked into "conspiracy theories" and the "occult". 9-11-01 was an occult ritual in my opinion.
It could all be a bunch of BS, but I'm just a slave/peasant guessing what my "masters" will do next.
I use symbolism also, but my extended middle finger is starting to get sore.
It is also the release date for Skyrim, which should be a nice distraction from the craziness of the real world for a while.
Maybe today we will lose the 6 handle on BAC.
Convenience BITCHEZ!
All your paper are belong to us!
Just once I'd like to see the MSM reporting on this, naw, that would really push J6P over the edge in the middle of his TV dinner
They FUCK you at the DRIVE THROUGH ATM
Forgive the double entendre on that one but it's so true.
+1 for getting the lethal weapon reference in...
how?
They film you while they fuck you. Who knew...BofA is a porn producer as well!
Hot upskirt ATM action.
In the drive-thru?
Yes, I position the actual penetration in front of the convex mirror for maximum entertainment.
"Corporate customers have pulled out of BAC. A frustrated BAC could not be reached for comment."
What's the skinny? Are they a good fuck?
looks like Anon, and script kiddies are attaking BAC with their low orbit ion cannons. occupy wallstreet, online.
LOIC is so last month.
The quickest way to stop a bank run is to chain the doors!
When you walk up to the branch they turn off all the lights and pretend they're not home
. Coat the streets and sidewalks for two blocks in all directions with Venezuelan extra heavy crude.
Nothing to see here folk, move on!
Maybe they've switched to an ISDN feed? That should save them at least $4.99/month on their internet bill.
Bank run, bitchez!
I'll second that!
Ignore the above two commenters folks, they are propagandists.. watch the local news in the next 24 hours for gas furnace explosions in their homes.. unrelated to mysterious drone fly overs.
Too many trying to get their money out and close their accounts?
That would suggest that more people have been pulled out from their slumber. Who would have thought the tipping point would be a $5 monthly charge. In the grand scheme of things $5 a month was paltry in comparrison to the carnage BofA has brought about this country.
Last straw syndrome bitchez.
I'm in the process of closing my accounts after the announced db fee.
This is really making me nervous.
Walk down to an office of BAC and pull all your cash NOW. Why wait for the rush?
Luckilly these are primarily transaction accounts.
The wife and I hold lots of gold in the form of Philharmonics. We're half expecting a banking apocolypse.
Pay no attention to the man in the black ski mask and the muzzle of an Uzi sticking out of the top of his jacket.
are you kidding?? ever play musical chairs? do you wait until you finish your coffee when your house is a blazing? did the survivors on the titanic wait for the re3scue ships? I dont think soooo.
get the hell-out...cash is king when you can get it..
This is just like the Northern Rock bank run...IIRC the bank made online access very difficult to help slow the outflow of money. Didn't help there, either.
What's Hugh Hendry's line, I suggest you panic?
I'd panic if I had more than 100K in BAC, but I don't.
I almost forgot of a measly $600 that was hiding in there asleep. I was able to log-in from the 'temp unavail' front page no prob. Transfer isn't happening. Think I'll head over to speak to the barely English speaking $7.90/hr paid bank manager or one of his illustrious illegal alien staff tellers.
600 bux? you aint running down to the nearest brancch and getting it? thats almost 20 oz of ag...ok..15 ASE o9r 1/3 oz of au....dont walk...friggin run!!
they're called bank runs for a reason....you dont loolygag into the bank and go...hmmm.. im thinkking of withdrawing my cash here ..you RUN..you say...i'll take whatever sized bills you got...even the junk ilver you sleaze buckets are hoarding in the basement vault...especially that..
tekhneek,
Best get it out.
If it closes, and no one takes it over IMMEDIATELY, theFDIC has up to ONE year to make you whole on your previous balances.( as usual, read the fine print,it's what kills ya).
Who would want to wait a year, and guess where the dollar would be?.
Uncle Sam writes post-dated checks bitchez!
Oh yeah, I don't mind waiting for that FDIC claim to get processed. The check will be here in a couple days..
You don't look like the 'all your eggs' type. Although avatars can be deceptive. I found out the hard way.
"He who panics first panics best."
I stole that from someone. Can't remember who.
"I would recommend you panic"
http://www.youtube.com/watch?v=nuysYXlJ43I&feature=player_embedded
Yeah - actually I got in yesterday, but was locked out the day before. I am down to a few hundred in each BofA checking account - nevertheless I'm going to close them on principle.
If you like, you can:
--E-Mail Brian Moynihan at company headquarters to tell him what a douche bag he is
--plead with Congress to give us more money
--buy BAC stock today at an unusual discount
--make contributions to our legal team to help us win the litigation over our mortgage business
But, but, but... didn't Warren the Buffet buy it's stocks? That was supposed to fix things, right?
Bullish for Margin Stanley...
Don't worry uncle Warren says they are okay. I'm sure that your assets wiil be fine.
You fucking bitches want to see my bank?
Here you go, better get with the program:
http://www.123rf.com/photo_8351490_open-the-safe-with-a-bunch-of-gold-coins-fell-out.html
What... ZeroHedge servers can go down for a few days but BofA cannot? Paranoids...
/end sarc..
there fixed it for you.
Wanna take a shot at guessing the difference? ZH HAS NO FIDUCIARY RESPONSIBILITY and is not tasked with trying to restore confidence in the banking system! Nor charges for service.
WTF are you talking about, frieswiththat? Tyler pays me for every comment i post at $5 per letter! he/she/they haven't paid me yet but that's probably because Tyler is planning on offering me stock options or something. i'm keeping my mind open...and smoking hopium while waiting to get paid. hey Tyler! where's my money, bitch(ez)?!?
You've been swindled Troll Magnet. Tyler pays me $6.20 per comment. I had to pay Tyler an initial $475 to get started (for the ZH letter head and ZH official patch I could wear while in my basement). The ZH PayPerTroll Program has been a boon to my lifestyle. For every troll I bring on, I also get a 5% cut of their postings.
Oh yeah? Well... um...
I got a hat.
( I had to pay for it.... )
What exactly is 5% of a 'bon mot'?
You must have been trying to donate when the server was down. Well it is back up. You may proceed.
I can see the commercial now:
"Welcome to Zero Hedge Bank & Trust...because all other banks suck balls!"
I would open an account right now.
Especially if they offered GS calamari cirtificates.
No worries all of your deposits are insured by the FDIC, which is backed by your government, which is backed by you.
suckers
Hark!! In the distance.. A fat lady wams her voice...
Roseanne Barr 2012!
I sad fat.. not planetoid..
Seriously, BOA has got to be the worst bank in the world. In trying to get some business transacted last year, the bank manager could only phone the main office by using public access. Sitting there in her office, listening to the tapes, then pressing 1, then 2, then 1 again....it was ridiclous. They deserve everything they get.
Join a credit union... screw Wall St.
I've had an account with the same credit union for almost 30 yrs... no problems and cheap credit card interest... I pay off the card every month and pay no fee for using it.
Just another day in this 3rd. world Banana Rebublic. Next power failures, bridge failures and gov ment shut downs.
"Government shutdowns". Every cloud has a silver lining.
Be careful what you wish for.
queue Mel Gibson-
GIVE ME BACK MY CASH!