Showing posts with label Citibank. Show all posts
Showing posts with label Citibank. Show all posts

Monday, October 31, 2011

Don't Forget Bank Transfer Day November 5th

Don't forget!!  Saturday is "Bank Transfer Day".

Can't stand big ole blood sucking banks?  Well, you've got a chance to take part in the "Occupy Wall Street" movement, even if you can't physically be at an #OWS event.  If your bank has horrendous fees, is getting on your last nerve, and you just can't take it anymore ... move your money.  The official national "Bank Transfer Day" is Saturday, November 5th.

["Bank Transfer Day" is not affiliated with "Occupy Wall Street"]

Bold Progressives "Banxodus" website


4 Simple Steps for Taking Your Money Out of the Vampire Banks | | AlterNet, by Lynn Parramore, October 30, 2011

Move Your Money Project

Bank of America Campaign on Change.org



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Sunday, April 26, 2009

BAILOUT BANKS STILL OUTSOURCING JOBS

If this doesn't make you sick and outraged, I don't know what else will.
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Excerpt from: "Bailing On US Workers" by John Aidan Byrne
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"US banks that have taken billions of dollars in taxpayer bailouts are still shipping thousands of jobs overseas.

Earlier this month, Bank of New York Mellon, which received $3 billion in TARP funds, opened its third call center in Pune, India, where it now employs 1,300 people.

Doug Brown, who wrote "The Black Book of Outsourcing," said Bank of America, with $52.5 billion of TARP funds in the kitty, has expanded its India-based payroll to 5 percent of its 301,000 employees in 2009, about 15,000 people.

The moves, which have outraged unions, are 100 percent legal. Congress didn't put into the TARP law any restrictions on shipping jobs overseas.

Citigroup, which got $50 billion in TARP funds plus $300 billion in government guarantees, plowed ahead with a program last fall to add as many as 1,000 call-center employees in the Philippines -- weeks after it got its first round of taxpayer relief.

Representatives for Citigroup and Bank of New York Mellon declined to comment on their outsourcing arrangements. A Bank of America spokesman said the firm has not announced any facility openings outside the US since last year."