Red Tape - Huge Eurobank, rated 'Britain's worst,' now accused of gouging US consumers:
'via Blog this'
Sparklers on champagne bottles likely cause of deadly Swiss bar fire
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The investigation into the fire that killed 40 people will consider whether
criminal prosecutions are necessary, officials said.
12 minutes ago



By Bob Sullivan
ReplyDeleteThe accusations are as outrageous as they are plentiful: Hundreds of “robocalls” -- in one case, 800 to a single person -- to collect auto loan debts; illegal repossession of cars from active duty military deployed overseas; late fees assessed three years after the fact and then compounded into $2,000 or $3,000 bills; harassing calls to friends, neighbors, co-workers -- even children -- on cell phones. And now, a flurry of lawsuits filed around the country, and lawyers fighting over potential clients.
The defendant in the lawsuits is Europe’s largest bank, Banco Santander S.A., which is preparing to make a big push into U.S. retail banking. But many Americans already have been introduced to the Spanish financial powerhouse, a first encounter that many liken to a nightmare.