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Augsburger

High Rollers
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Posts posted by Augsburger

  1. Word to the wise,if you have a restaurant with most of your business coming from take out, make sure you have a employee who is competent in English manning the phone taking orders.

    I just spent a ridiculous amount of time on the phone talking to an employee who does not speak english. I don't know if I ordered five hamburger dinners or a plate of pickles and goat cheese.  WTF!

    • Haha 1
  2. 17 hours ago, Voltron said:

    I'm still pissed that Bank of America took away my "Cash Maximizer" joint checking and savings accounts that had, for many years, a fixed interest rate of 10%. I got the account when I started practicing law and took full advantage of the interest rate until they retired that "product" and forced me into a new type of account. 

     

    Well Mr Giannini started off as Bank of Italy in San Francisco in 1904. So the only way to grow to be Bank of  America is to not give customers deals, pay them next to nothing on their accounts while convincing them it's high yield and of course charging them loan shark rates of interest on their credit card balances.

    • Like 1
  3. In the 80's I worked for a large bank in mid-town Manhattan and remember hearing about these new bonds called "High Yield" bonds. Back then they were yielding around 15%. Today my daughter received this solicitation for a high yield account in the mail.  What a difference forty years can make.

    image.thumb.png.e985b0d8de21903e7ba27a8635578c9e.png

     

    • Like 1
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