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.
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.
Acting is a crappy business, but the world needs actors, and since we live in a time when digital production and distribution has democratized filmmaking, anyone can be a casting director. Exhibit A is a new tumblr, Casting Call Woes, which has netted a foul-smelling collection of ripe ones from the sea of DIY casting […]
If you’ve been blessed enough to avoid them yourself, you’ve definitely heard the horror stories. Late night, crushing out a ton of work, writing, coding, anything, then boom – your computer crashes. The battery blows, you spill water or coffee all over the place, or it just shuts down with no explanation, and you’re screwed. […]
You travel around a lot. It might be that jet set life from New York to LA to London to Tokyo, or it might be back and forth from the coffee shop to the office, or from the kitchen to the couch. Any which way, you’re mobile and that’s the way to live. When you […]
It’s 2016 and we like our technology really small. Our phones fit in our pockets, our remotes are lighter than ever, and even our cars seem to be shrinking. So your new drone shouldn’t be an exception. This Axis VIDIUS Drone is 21% off right now and it’s so little, your biggest problem won’t be […]