Wachovia To Pay $144 Million For Bilking "Gullible" Seniors - Consumerist Comments

Wachovia To Pay $144 Million For Bilking "Gullible" Seniors

DoubleEcho — Mon, 28 Apr 2008 10:16:35 EDT

Well, at least it was only a 2 moth span. Couldn't be that BIG of a deal!

DoubleEcho

Wachovia To Pay $144 Million For Bilking "Gullible" Seniors

Mon, 28 Apr 2008 08:47:45 EDT

Well now. Looks like it's time for me to switch banks.

Jaysyn was banned for: http://consumerist.com/5032912/the-subprime-meltdown-will-be-nothing-compared-to-the-prime-meltdown#c7042646

Wachovia To Pay $144 Million For Bilking "Gullible" Seniors

Trai_Dep — Sun, 27 Apr 2008 23:49:11 EDT

Clearly the customer's fault since they lived too long. The nerve!

Trai_Dep

Wachovia To Pay $144 Million For Bilking "Gullible" Seniors

tlpintpe — Sun, 27 Apr 2008 14:15:51 EDT

We are caring for an aged parent with alzheimers and I can tell you that this kind of crap happens all the time (companies preying on seniors). It is a sick practice.

tlpintpe

Wachovia To Pay $144 Million For Bilking "Gullible" Seniors

azntg — Sun, 27 Apr 2008 13:36:38 EDT

Looks like the truly responsible party doesn't even have to "take it seriously." Not only do they not even get a slap in the face, they probably won't have to pay up out of pocket!

I doubt they'll even try to make bona fide attempts to correct past injustices.

Targeting the elderly (and by extension, the disabled) makes me sick. I don't care what or how they bilk them. It is wrong any way you see it. But if the likes of them touch anybody I know, including family, friends and neighbors... I'll be coming after you and you won't get away without some form of hurt!

azntg

Wachovia To Pay $144 Million For Bilking "Gullible" Seniors

bben46 — Sun, 27 Apr 2008 11:46:27 EDT

Until they start putting executives of these companies in jail it will continue. If the customer rips off the bank,its called fraud or robbery. If the bank rips off the customer, its called business as usual. I suppose the CEO of Wachovia will still get his multi million 'performance' bonus instead of the jail time he deserves.

bben46

Wachovia To Pay $144 Million For Bilking "Gullible" Seniors

vastrightwing — Sun, 27 Apr 2008 10:28:22 EDT

Taking advantage of customers? Wachovia? I'm sure this was a rogue manager and that this was not part of Wachovia's plan. Upper management will no doubt take this very seriously and make it up to all the customers who were taken advantage of. NOT! They'll deny any wrong doing, lie about it, pay lawyers millions to defend their actions, find some fall guy in the organization to fire, accuse government regulations for not working and customers for being stupid enough not to know how scummy banks are.

vastrightwing