Thursday, June 7, 2007

banks don't want tellers...they want walls that spit money...


Here is a simple fact of life that we should remember as often as possible:


BANKS HAVE MARBLE FLOORS AND VAULTED CEILINGS AND PRIME LOCATIONS.


Did you ever crouch into a little, crowded, decaying shack on a side street that called itself a bank in Canada? Well no, you didn't.


So when we learn that CIBC is facing a $600 Million class-action lawsuit by employees who have consistently been working overtime and not being paid for their efforts, we holler, "HALLELUJAH!" Or something to that effect.


This culture - banks and their lowly tellers - is described as place with "a system of passive enforcement that relies on people complaining."


Right.


Right. Sue the bastards, make them pay through their CEO's noses. Pirates and brigands in blue suits all. A pox on you...