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DC Corporate Ethics Examiner

Crooked credit card company sends refunds

April 1, 8:25 PMDC Corporate Ethics ExaminerJim Cunningham
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A crooked credit card company (are there any that aren’t?) is issuing “refunds totaling $4.4 million to about 184,000 customers”, for charging fees to their victims, ahem, CUSTOMERS that were deemed illegal.

The culprit? Chase Bank. I remember when a “Chase” card was a status symbol. I guess when you get a pretentious credit card you get what’s coming to you, huh? Nah, it’s not like me to blame victims of corporate greed.

It never ceases to irritate me, though, when credit card companies come up with these schemes to make their money. What happened to credit card companies making their money the old fashioned way – lending people money and earning interest? It was good enough to enable them to build these empires to begin with. They should stick to it.
 

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