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Updated almost 16 years ago, 02/06/2009

Account Closed
  • Tucson, AZ
45
Votes |
945
Posts

BOA does it again

Account Closed
  • Tucson, AZ
Posted

How Theresa Hatt Caused The Financial Crisis
By Zachary Roth - February 6, 2009, 11:23AM

http://tpmmuckraker.talkingpointsmemo.com/2009/02/how_theresa_hatt_caused_the_financial_crisis.php

"...The rep's apparent intention, as Kelleher described it, was to mislead him into believing that he was obligated -- at first legally, then, failing that, morally -- to cover his mother's debt (which, in any case, was not large: she had had a $1000 limit on her card). Of course, Kelleher was sophisticated enough to know that's not true. But how many other less savvy callers in similar situations, he wondered, might respond to the rep's breezy "how are you planning to take care of her balance?," with a confused "I guess I'll mail in a check"?...

Ofgift