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.
Nothing is more frustrating than needing to edit or sign a PDF and not having access to the original document. That’s why PDFpenPRO is a must-have app in our books.With this extremely useful app, you can merge, markup, and create PDF documents without ever having to convert your PDFs into word processor file formats. Type directly onto […]
From self-driving cars to stock market predicting software to the recommendations you get on Amazon and Netflix, machine learning is at the core of modern technology. You could find yourself building technology that is literally changing the world with the skills you’ll learn in The Complete Machine Learning Bundle. This bundle of 10 courses includes 406 lessons that will teach […]
This Python Mega Course will help you learn to code by teaching you to build 10 real-world apps that each highlight a unique use of Python.Job prospects for coders are still growing steadily—and with Python being one of the most popular coding languages out there today, it’s important for job seekers to demonstrate a widespread understanding of the […]