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> > I'd rather trust a two bit pimp on the street to hold my money than any
> > 'regulated' finanical instititute. All those regulations are designed to
> > benefit the banks. :P
>
> Banks != Government (except Federal Reserves and such)
Remember the golden rule: He who has the gold makes the rules.
> A two-bit pimp won't federally insure your money. Beyond that, I don't see
> what the big deal is with putting money in the bank. Be responsible about
> it and it'll benefit you as much as them. Be irresponsibile like me and
> they benefit a lot.
A two-bit pimp also doesn't have the law on their side when they decide to
steal your money. Somehow I expect to be able to take whatever money I put
into the bank back out at some point. Having them randomly disappear that
money really pisses me off. I put money IN the bank and they charge me
fees. Sure if I always catch it, keep my receipt, and go back and talk
with some manager they'll usually refund whatever money they lost or
applied the wrong fees to but it's a huge pain. I really have learned to
hate all banks. Not one of them has done a good job and I don't have
enough money to make them care that I'm an unsatisfied customer. :P
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