New Bank of America whistle-blower emerges: More customer abuse secrets

[Simian20]

2. Banks locking people out

Scary that banks are involved with these practices.

Did you see this at the New York Times recently? This has gotten worse, since 2009.

Over a Million Are Denied Bank Accounts for Past Errors
BY JESSICA SILVER-GREENBERG
http://dealbook.nytimes.com/2013/07/30/over-a-million-are-denied-bank-accounts-for-past-errors/?_r=0
Mistakes like a bounced check or a small overdraft have effectively blacklisted more than a million low-income Americans from the mainstream financial system for as long as seven years as a result of little-known private databases that are used by the nation’s major banks.

The problem is contributing to the growth of the roughly 10 million households in the United States that lack a banking account, a basic requirement of modern economic life. . . .