LogFAQs > #974764375

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, DB6, DB7, DB8, DB9, DB10, DB11, Database 12 ( 11.2023-? ), Clear

Topic List	Page List: 1
Topic	Bank of America accused of opening fake accounts and charging illegal junk fees
UnsteadyOwl 07/11/23 10:28:29 AM #21:	It's ridiculous how pathetically low the fines are for these companies when they get caught doing this stuff. Bank of America's net income in 2022 was $26 billion. $100 million is less than half a percent of that. They're fine with doing this kind of shady stuff because there's not much risk in it for them even if they're caught. --- "It is possible to commit no mistakes and still lose. That is not a weakness. That is life." <cite>UnsteadyOwl posted [p:974764375] in Bank of Am... [t:80505436]...</cite> <quote>It's ridiculous how pathetically low the fines are for these companies when they get caught doing this stuff. Bank of America's net income in 2022 was $26 billion. $100 million is less than half a percent of that. They're fine with doing this kind of shady stuff because there's not much risk in it for them even if they're caught. --- "It is possible to commit no mistakes and still lose. That is not a weakness. That is life."</quote> ... Copied to Clipboard!
Topic List	Page List: 1