There's no advantage to them tipping their hand without the commitment to use this new weapon. They overestimated their support. JP Morgan/Chase has been playing this game too. PayPal's move may have been a trial balloon to see if the public would go along, or to see if they could scare people into silence and complicity online before the midterms. Fail.
There's no advantage to them tipping their hand without the commitment to use this new weapon. They overestimated their support. JP Morgan/Chase has been playing this game too. PayPal's move may have been a trial balloon to see if the public would go along, or to see if they could scare people into silence and complicity online before the midterms. Fail.
PayPal is also global - so if they piss off a few Americans, big deal... And unlike with Facebook-Google who's ads would make the most $ from Americans, PayPal might be more reliant on unbanked customers and small businesses in third word countries....
What do you mean that Chase has been playing this game too? I haven’t seen anything about that. I’ve banked with them for 15 years and I’ve been quite happy with them, so please fill me in on what I don’t know! Thanks in advance.
Over $400mm in fines for just about every crime a bank can commit. Just web search “ fines assessed to chase bank” and enjoy the reading/articles. The “big 7” are basically too big to fail. See how much chaos Chase was involved in the 2007-8 subprime and derivatives scandals? Pres Obummer bailed them all out due to Geitner’s back scratching.
There's no advantage to them tipping their hand without the commitment to use this new weapon. They overestimated their support. JP Morgan/Chase has been playing this game too. PayPal's move may have been a trial balloon to see if the public would go along, or to see if they could scare people into silence and complicity online before the midterms. Fail.
PayPal is also global - so if they piss off a few Americans, big deal... And unlike with Facebook-Google who's ads would make the most $ from Americans, PayPal might be more reliant on unbanked customers and small businesses in third word countries....
What do you mean that Chase has been playing this game too? I haven’t seen anything about that. I’ve banked with them for 15 years and I’ve been quite happy with them, so please fill me in on what I don’t know! Thanks in advance.
Over $400mm in fines for just about every crime a bank can commit. Just web search “ fines assessed to chase bank” and enjoy the reading/articles. The “big 7” are basically too big to fail. See how much chaos Chase was involved in the 2007-8 subprime and derivatives scandals? Pres Obummer bailed them all out due to Geitner’s back scratching.
They suggested Kanye West move his account as I understand it. Believe the same happened to Michael Flynn?