NotesAt Chase Bank, we recognize the value of online banking—it’s quick, convenient, and available any time you need it. Unfortunately, though, the threats posed by malware and identity theft are very real and all too common nowadays. That’s why, when you’re finished with your online banking session, we recommend three simple steps to protect your personal information: log out of your account, close your web browser, and then charter a seafaring vessel to take you 30 miles out into the open ocean and throw your computer overboard.Unfurl
Notes What would banking look like if bonuses were eliminated? It would not be too different from what it was like when I was a bank intern in the 1980s, before the wave of deregulation that culminated in the 1999 repeal of the Glass-Steagall Act, the Depression-era law that had separated investment and commercial banking. Before then, bankers and lenders were boring “lifers.” Banking was bland and predictable; the chairman’s income was less than that of today’s junior trader. Investment banks, which paid bonuses and weren’t allowed to lend, were partnerships with skin in the game, not gamblers playing with other people’s money. Unfurl
NYPD Arrests Woman For Closing Her Citibank Account (VIDEO) (Ken Layne/Wonkette)