Reply #44: agree with that - former Wall Street bank temp [View All]

[firehorse]

I temped for all the big banks for 7 years after college when I moved to NYC... Chemical before it got swallowed, Chase, Citibank, etc. Within the bank itself, there are so many sub divisions of businesses that make billions. Personal accounts is just one of many ways they make money.

BTW, I agree with moving money to a community bank. I moved my business account to the same little community bank that the OWS has their money in, but I shifted last January. I hate the big banks... to me, they are verging on a monopoly especially since the big 4 swallowed the other 30 major banks.

I'd be fine if community banks took up all the small businesses and personal accounts. Let the big banks keep their corporate accounts, foreign investments, etc.