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Big Banks' Newest Foe: Huffington Post
JANUARY 5, 2010
HuffPo Says Move Your Money to Community Banks
JANUARY 4, 2010
HuffPo 2: An Empirical Case for Customer Inertia
JANUARY 5, 2010
HuffPo 3: Community Banks Get Bigger Bang from Your Buck
JANUARY 7, 2010

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Huffington Post Campaign Resonated for a Reason

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A campaign imploring people to move their money to small institutions has tapped into an undeniable aspect of the consumer psyche – a festering resentment of big banks ...

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The $25 billion mortgage robo-signing settlement is:
Political extortion from the banks in an election year
A slap on the wrist — the banks put reserves away for this long ago, they won't even feel it
A source of relief for both banks and homeowners that could help the housing market and economy recover
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