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Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Senator Dick Saslaw Wants To Let Banks Buy Credit Unions
Posted by: CreditUnions,_BEND_OVER! ()
Date: January 30, 2010 03:26PM

Because they've done such a great job destroying themselves and the nation, some Virginia legislators ('Dick' Saslaw and Mark Sickles) have decided to reward banks by allowing them to buy out healthy credit unions (probably to help them boost their profitability). Credit union members would get screwed as they would loose their credit union membership and get a BB&T or Wachovia (for example) account instead. Great..

Write your legislators if you are a CU owner/member and don't want to be 'upgraded' to a peon bank customer.

http://www.capwiz.com/vacul/issues/alert/?alertid=14583566&type=ST


http://leg1.state.va.us/cgi-bin/legp504.exe?ses=101&typ=bil&val=hb482
http://leg1.state.va.us/cgi-bin/legp504.exe?ses=101&typ=bil&val=SB440

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Re: Senator Dick Saslaw Wants To Let Banks Buy Credit Unions
Posted by: Vince(!) ()
Date: January 30, 2010 06:45PM

Those hedge funders and bank managers and wall street tycoons and Financiers are good at one thing. Manipulating money. When they can no longer gauge the fuck out of the middle class or the government like a pack of rabid hyenas they turn on each other.

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