Reply #30: Bullshit. The piper that needs to be paid should be done on the back of the banks.

[AndyA]

They have mishandled the way they handle money, overpaid CEOs and executives for making bad decisions, then rewarded them with huge bonuses to retain them. Why the hell would any responsible organization want to retain ANYONE who led that organization to the brink of insolvency?

And now because they're hurting for income we're supposed to just lay down and spread wide for them? No thanks.

As long as people take this shit, it will continue to be forced on us. A mass closing of accounts will be the only thing that gets the message across. Then cries across the nation for new regulations and oversight will make sure this crap never happens again.

We are rewarding bad behavior by telling people to just accept this. There was no free ride, there have always been fees and the bank did have our money to make loans with, so there was a beneficial mutual relationship. Without that money, the banks couldn't have made any loans.

The banks need to be paying the piper, not their customers.