Thursday, May 14, 2009

Follow-up on Bank of America waste

I'm still waiting for a response from B of A regarding their wasteful marketing spending. Meanwhile, I found out that my neighbor, Sherri (http://www.dragonflyzmusicstudio.com), who has no home loan with B of A, received a similar mailing with the same costly, meaningless printed booklet. So now they're sending it to all their customers, not just previous Countrywide customers, as I originally suspected.

I'm thinking that if our government does not monitor our TARP investment, we need to start doing it ourselves. With that in mind, I just emailed the TARP Congressional Oversight Committee and asked for their thoughts on this wasteful marketing spending by a TARP recipient.

I suppose I'm just banging my head against a wall but I'd like to think that someone besides myself is concerned--ideally someone in a position to do something.

Thoughts/suggestions?