nola imc nola imc nola imc
[ home ] [ local news ] [ subscribe ] [ calendar ] [ publish ]
Upcoming events
No events have been posted for this week.

Calendar
Add an Event




latest comments
archives



IMC Network: www.indymedia.org Projects print radio satellite tv video Africa ambazonia canarias estrecho / madiaq nigeria south africa Canada hamilton maritimes montreal ontario ottawa quebec thunder bay vancouver victoria windsor winnipeg East Asia burma jakarta japan manila qc Europe alacant andorra antwerpen armenia athens austria barcelona belarus belgium belgrade bristol bulgaria croatia cyprus estrecho / madiaq euskal herria galiza germany grenoble hungary ireland istanbul italy la plana liege lille madrid malta marseille nantes netherlands nice norway oost-vlaanderen paris/île-de-france poland portugal romania russia scotland sverige switzerland thessaloniki toulouse ukraine united kingdom valencia west vlaanderen Latin America argentina bolivia brasil chiapas chile chile sur colombia ecuador mexico peru puerto rico qollasuyu rosario santiago tijuana uruguay valparaiso Oceania adelaide aotearoa brisbane burma darwin jakarta manila melbourne oceania perth qc sydney South Asia india mumbai United States arizona arkansas atlanta austin baltimore big muddy binghamton boston buffalo charlottesville chicago cleveland colorado danbury, ct dc hawaii houston hudson mohawk idaho ithaca kansas city la madison maine miami michigan milwaukee minneapolis/st. paul new hampshire new jersey new mexico new orleans north carolina north texas nyc oklahoma omaha philadelphia pittsburgh portland richmond rochester rogue valley saint louis san diego san francisco san francisco bay area santa barbara santa cruz, ca seattle tallahassee-red hills tampa bay tennessee united states urbana-champaign utah vermont virginia beach western mass worcester West Asia armenia beirut israel palestine ukraine Topics biotech Process discussion fbi/legal updates indymedia faq mailing lists process & imc docs tech volunteer



about nola imc
about us

website code by
sf-active

indymedia network
global imc's

[ printable version ] [ email this article ] [ Share on Facebook ]

Bank of America Stole Our Food
by Trisha Saturday, Mar. 06, 2010 at 11:44 PM

We're hungry because Bank of America stole our food.

I am so hungry I want to cry. Bank of America took my food away. Mommy worked hard this week to earn enough money to take care of us. It would have been enough to get by, but Bank of America changed that. Our rent was due yesterday. Mommy had saved up most of the money for rent and she got paid today and with the money she already had, it was enough to pay the rent and buy groceries. So what went wrong?

Mommy took the rent check to the apartment yesterday at 5:00 PM. She couldn't put the check in late because she'd have to pay a late fee and that would take away our grocery money, so she had to get it in yesterday. At 5:00, she slipped the check into the mail slot at the apartment office. The land lord always takes at least five days to cash the checks, so we knew it would be OK, the money would be there in the morning, so nothing to worry about. During the day, Mommy made three small purchases. She had a large enough balance and her balance was positive when she made each purchase. Then something unexpected happened.

Somewhere between 5:00 PM and midnight, the landlord electronically cashed the check. This never happened before. The bank account should have gone negative about $300.00, since there was already about $850.00 in the bank. That would have cost us a $35.00 dollar fee. We would have been out $35.00 from the $140.00 she planned to spend for groceries, but that is what should have happened, not what did happen.

Bank of America undid all of the purchases mommy made during the day, just for a few seconds, and then took out the rent check (which was cashed after the business day ended). By taking out the biggest one first (and rewriting history), Bank of America made mommy go negative four times instead of one time. That's right, Bank of America changed the past to make the biggest debit go first so that the account would be negative when it decided then debit the earlier charges, cause the debits to bounce four times instead of one time. This wiped out everything my mommy deposited today. Instead of charging us $35.00, Bank of America charged us $140.00 and now we have no money to buy food.

I am hungry and I am mad. I couldn't believe it when my mother told me what happened. She even called the Bank of America and they told her it was their policy to charge people in the order from the biggest charge to the smallest in order to maximize fees. Now some fat bank executive has our $140.00 and we cannot eat. I'm sad enough about this, by what makes me cry is that my little brother, he's only five years old, he can't eat too. I hate Bank of America. They stole my family's food. Will they do it against next week?

Please forward this to at least 10 people.

add your comments


LATEST COMMENTS ABOUT THIS ARTICLE
Listed below are the 10 latest comments of 2 posted about this article.
These comments are anonymously submitted by the website visitors.
TITLE AUTHOR DATE
This is spam posted across multiple IMCs anon Monday, Mar. 08, 2010 at 3:13 AM
F--K BANK OF AMERICA AND KEN LEWIS andrew david blair Saturday, Mar. 06, 2010 at 11:46 PM


© 2002-2011 New Orleans Independent Media Center. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by the New Orleans Independent Media Center. Running sf-active v0.9.2Disclaimer | Privacy