Dan Gillmor is a BoingBoing guest-blogger.
Late last year, just before Bank of America closed a deal to buy a failing Merrill Lynch, the BoA's executives signed off on $4 billion in bonus payments to Merrill Lynch executives and senior employees. This, after we taxpayers had poured more than $45 billion into saving these incompetent and/or corrupt people from their financial follies.
Merrill and BoA have done their best to stonewall the public from learning any details about this sleaze, including some very suspicious timing. And these bonuses were only a relatively small portion of the overall shower of cash that rained on people in an industry that did more to ruin our economy than any crew since the 1920s.
One of my projects keeps its money at Bank of America. I want to move the money to a bank that behaves more honorably. This isn't just a moral issue, but also a financial one. An institution that behaves the way BoA has done in this situation, among many others, can't be trusted.
It's not just a business account that I want to put in an institution that I have more reason to trust. I'm also looking for such a place to put my own personal accounts, which are currently at Citibank, an institution with less-than-zero credibility at this point.
I'm looking for ideas on a) what constitutes an honest bank; and b, if such an entity exists, what specific services (such as electronic transfers and bill payments) are bottom-line requirements.
On Thursday May 26, Red Nose Day will return for the second year. It’s all about giving to children to fight hunger, sickness, and homelessness. In the video above, the most famous magician in the world, David Copperfield, has his own magical way of asking you to get involved. There’s going to be a two-hour TV show on […]
Facebook gets a bad rap, but where I live, it has brought neighbors together, and it started because of the things I didn’t want to share.
When the Congressional Science committee wants to talk about the cold weather, and when NASA has to defend their budget by explaining why NASA is important, it can make people who believe in facts… a bit tense.
The Lightning port has thus far resisted the cruel fate that befell the headphone jack, and despite rumors that it may be disappearing come iPhone 8, for the present and foreseeable future, Lightning cables are a hot commodity for iPhone users. As such, we must make do in this strange time in which long, glorified […]
All the filters in the world won’t save your smartphone pics from a shaky hand. To really step up your mobile photography game, you’ll need some kind of mount to hold it steady. You could buy a smartphone attachment for a conventional camera tripod, but who wants to carry that kind of gear everywhere they […]
The forced transition from analog to digital TV signals was probably met with relative indifference from people with Netflix subscriptions and the “I don’t even own a TV” snoots. But anyone living in the vast swaths of the country that don’t have guaranteed high-speed internet, broadcast TV is a perfectly valid (and 100% free) way […]