Author

Topic: Meanwhile At Chase (Read 1221 times)

hero member
Activity: 775
Merit: 1000
March 20, 2013, 06:37:15 AM
#11
It's the Wild West, no need for tin foil.

My take:
  • They're testing to see how fast the hype spreads.
  • And/or 'programming' people to expect more crap from their banks, so that next time when balances get reduced to zero, it'll be at least 3 hours (or around that) before anyone panics.


...


Why aren't there any Zerohedge articles on this? When it's a European bank, it's f*cking "news of the day"...
legendary
Activity: 1386
Merit: 1004
March 19, 2013, 10:23:30 PM
#10
Quote
“We have a technology problem regarding customers’ balance information,” Chase said in a statement.

This is the single worst corporate ass-covering this month.


I thought that normally the PR spiel is "we are currently working to fix the issue and expect your accounts to be back to normal by XX time" I didn't see any re-assuring PR stuff like that in the article paraphrased on that report.

Is this a coincidence or are they trying to create a run on banks??

I just don't get it.  I can imagine even the TALK of doing this is causing bank withdrawals  throughout Europe.
sr. member
Activity: 476
Merit: 250
March 19, 2013, 10:13:07 PM
#9
Is this a coincidence or are they trying to create a run on banks??

I don't think they have a clue what they're doing. They'll just keep throwing levers and turning knobs until it all stops working for everyone.
full member
Activity: 154
Merit: 100
member
Activity: 98
Merit: 10
March 19, 2013, 09:04:18 PM
#7
It is the "in" thing to do right now!
legendary
Activity: 924
Merit: 1004
Firstbits: 1pirata
March 19, 2013, 09:03:34 PM
#6
full member
Activity: 154
Merit: 100
March 19, 2013, 08:55:40 PM
#5
Quote
“We have a technology problem regarding customers’ balance information,” Chase said in a statement.

This is the single worst corporate ass-covering this month.


I thought that normally the PR spiel is "we are currently working to fix the issue and expect your accounts to be back to normal by XX time" I didn't see any re-assuring PR stuff like that in the article paraphrased on that report.

Is this a coincidence or are they trying to create a run on banks??
sr. member
Activity: 476
Merit: 250
March 19, 2013, 08:51:17 PM
#4
Quote
“We have a technology problem regarding customers’ balance information,” Chase said in a statement.

This is the single worst corporate ass-covering this month.
legendary
Activity: 1001
Merit: 1005
March 19, 2013, 08:44:41 PM
#3
Could not have happened at a better time.
legendary
Activity: 1078
Merit: 1003
March 19, 2013, 06:51:29 PM
#2
Right on time Grin  I just matches perfectly with the news on Cyprus.
legendary
Activity: 1106
Merit: 1001
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