Casper Posted January 7, 2013 Report Share Posted January 7, 2013 http://cnsnews.com/blog/gregory-gwyn-williams-jr/bank-america-freezes-gun-manufacturers-account-company-owner-claims Quote Link to comment Share on other sites More sharing options...
JackFlash Posted January 8, 2013 Report Share Posted January 8, 2013 It looks like Bank of America will be on my shit list from now on.I hope all NRA members end any business contact with them too.. Quote Link to comment Share on other sites More sharing options...
cOoTeR Posted January 8, 2013 Report Share Posted January 8, 2013 The government doesn't need to outlaw guns just make it illegal to deposit money earned from gun sales. Quote Link to comment Share on other sites More sharing options...
Cheech Posted January 8, 2013 Report Share Posted January 8, 2013 It looks like Bank of America will be on my shit list from now on.You're just getting around to this now? Clearly you haven't been paying attention to the banking sector these last couple years. Quote Link to comment Share on other sites More sharing options...
Brownsfan1 Posted January 8, 2013 Report Share Posted January 8, 2013 Fuck BOA! Quote Link to comment Share on other sites More sharing options...
kiggy74 Posted January 8, 2013 Report Share Posted January 8, 2013 Bank of America can suck a big fat one. Quote Link to comment Share on other sites More sharing options...
Gump Posted January 8, 2013 Report Share Posted January 8, 2013 Ban boa! Quote Link to comment Share on other sites More sharing options...
Tonik Posted January 8, 2013 Report Share Posted January 8, 2013 Hate to rain on the hate parade but guns have nothing to do with this. If you sold cuddly little Teddy Bears to kids and your transactions went from $5,000 a week to $250,000 a week overnight BOA would freeze your money and investigate for fraud also. Quote Link to comment Share on other sites More sharing options...
cOoTeR Posted January 8, 2013 Report Share Posted January 8, 2013 Hate to rain on the hate parade but guns have nothing to do with this. If you sold cuddly little Teddy Bears to kids and your transactions went from $5,000 a week to $250,000 a week overnight BOA would freeze your money and investigate for fraud also.How long would they freeze it? Also they told the guy they don't think he should be selling guns. Quote Link to comment Share on other sites More sharing options...
Tonik Posted January 8, 2013 Report Share Posted January 8, 2013 How long would they freeze it? Also they told the guy they don't think he should be selling guns.A few days to a week. They want to see if anyone disputes the charges. The will even contact the buyer for verification.HE says they told him he shouldn't be selling guns on the internets. I don't buy that.The freeze was automatic by a computer. You may have had it happen to you.....you travel and buy some stuff on a credit card that strikes the computer as odd and they call you and ask for verification. Had it happen to me this fall on a bike trip.The same computer looks at the other end....odd receipts by a vendor.Nothing to see here, move along. imho. Quote Link to comment Share on other sites More sharing options...
Cheech Posted January 8, 2013 Report Share Posted January 8, 2013 How long would they freeze it? Also they told the guy they don't think he should be selling guns.That may be, but I'm wiling to bet that any bank is going to do some investigation on a increase of that size. It just so happened that BoA added insult to injury with the "gun" thing. Also, BoA is a private enterprise, they can choose to do business with whoever they want. That cuts both ways however, and as a private individual I choose to tell them and the other large banks to get fucked, but not for the reasons in the OP. Quote Link to comment Share on other sites More sharing options...
Scruit Posted January 8, 2013 Report Share Posted January 8, 2013 He said 500%, not 500x. That's 5k to 25k 1 Quote Link to comment Share on other sites More sharing options...
Cheech Posted January 8, 2013 Report Share Posted January 8, 2013 HE says they told him he shouldn't be selling guns on the internets. I don't buy that.Please make a tax-deductible gift to CNSNews.com today.That's all I need to know about the veracity of the reporting. Inflate (or possibly fabricate) news to generate revenue much? Quote Link to comment Share on other sites More sharing options...
Tonik Posted January 8, 2013 Report Share Posted January 8, 2013 That's all I need to know about the veracity of the reporting. Inflate (or possibly fabricate) news to generate revenue much?yea, CNSNews.com is not exactly the first person I would think to call to get my story out if it was true. I'm guessing TMZ and the National Enquirer turned him down and this was his last resort. Quote Link to comment Share on other sites More sharing options...
cOoTeR Posted January 8, 2013 Report Share Posted January 8, 2013 I understand the investigation into it but he has called them to straighten it out. This started awhile ago and they've released 1/3 of what's been deposited. They've obviously looked into it and see he is doing legitimate business so why continue the holds? The whole nation realizes there is a fun buying frenzy going on. Quote Link to comment Share on other sites More sharing options...
Tonik Posted January 8, 2013 Report Share Posted January 8, 2013 I understand the investigation into it but he has called them to straighten it out. This started awhile ago and they've released 1/3 of what's been deposited. They've obviously looked into it and see he is doing legitimate business so why continue the holds? The whole nation realizes there is a fun buying frenzy going on.He now says he has 'most' of his money back. Quote Link to comment Share on other sites More sharing options...
ohiomike Posted January 8, 2013 Report Share Posted January 8, 2013 You're just getting around to this now? Clearly you haven't been paying attention to the banking sector these last couple years.This is what I was thinking. Quote Link to comment Share on other sites More sharing options...
Cheech Posted January 8, 2013 Report Share Posted January 8, 2013 They've obviously looked into it and see he is doing legitimate business so why continue the holds?Once again, it looks like you haven't been paying attention to large bank behavior over the last couple years. Holding money like this even though the origins and intent is well documented and provable is pretty much par for the course with banks nowadays, it seems the larger the bank the more prevalent the policy. Quote Link to comment Share on other sites More sharing options...
AWW$HEEET Posted January 9, 2013 Report Share Posted January 9, 2013 banks can hold deposits for 7 to 14 days i believe, under federal banking regulations. nothing new. not condoning their behavior, but this law has been in place for quite some time. Quote Link to comment Share on other sites More sharing options...
cOoTeR Posted January 16, 2013 Report Share Posted January 16, 2013 http://www.ohioriders.net/showthread.php?p=951091#post951091This here seems like the bank is violating the second amendment rights. Unless when you agree to bank with them they say that they can choose how you use your money. Quote Link to comment Share on other sites More sharing options...
Cheech Posted January 16, 2013 Report Share Posted January 16, 2013 http://www.ohioriders.net/showthread.php?p=951091#post951091This here seems like the bank is violating the second amendment rights. Unless when you agree to bank with them they say that they can choose how you use your money.You're quoting yourself in support of your own argument? Quote Link to comment Share on other sites More sharing options...
cOoTeR Posted January 16, 2013 Report Share Posted January 16, 2013 You're quoting yourself in support of your own argument?No the threads are related but different enough to not be in the same thread. Wasn't arguing anything there. Quote Link to comment Share on other sites More sharing options...
Scruit Posted January 16, 2013 Report Share Posted January 16, 2013 http://www.ohioriders.net/showthread.php?p=951091#post951091This here seems like the bank is violating the second amendment rights. Unless when you agree to bank with them they say that they can choose how you use your money.The constitution only limits the actions of the government, not private people/companies. Quote Link to comment Share on other sites More sharing options...
Cheech Posted January 16, 2013 Report Share Posted January 16, 2013 The constitution only limits the actions of the government, not private people/companies.I told him that in the Yeager thread. Apparently either he enjoys trolling, or he's a moron. Quote Link to comment Share on other sites More sharing options...
cOoTeR Posted January 16, 2013 Report Share Posted January 16, 2013 The constitution only limits the actions of the government, not private people/companies.Violation was the wrong term i guess an infringement or impediment. Yes they are not limited by the constitution but if this situation is true than they are getting in the way of other peoples rights that they have. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.