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Joined 2 years ago
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Cake day: June 11th, 2023

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  • Back in the day, Wells Fargo would intentionally run higher charges first in their cycle so that people couldn’t skirt the edges of overdraft. Like, if someone made a $35 purchase, and three $1 purchases over the same two day period, they would immediately run the $35 purchase and then charge three overdraft fees for each of the $1 purchases instead of running the three $1 purchases first (even if they came first) and then charging a single overdraft fee when the $35 purchase hit.

    I believe they got a fine for it.









  • It’s worth keeping in mind that the people who made this decision at Columbia are, themselves, wealthy. They are behaving as wealthy people do–they only respond to power, they only care about power, and they will do ANYTHING to maintain power.

    It’s never about non-monetary things with wealthy people. They don’t care about other people, even each other, or about high-falutin’ things like academic freedom or free inquiry or free speech because unless those things bring them more power, more money.

    They will sacrifice everything, anything, and anyone to maintain their status and they will ALWAYS bend the knee to anyone with more power, more capital, than they have. They have no investment otherwise. You can’t keep your power if you have any focus other than your own power.

    Nothing run by wealthy people is ever safe for the rest of us.