Study: Philly Has Highest ATM Fees in USA
Fer Gregory / Shutterstock Turns out, at least one of the citywide grunts you hear every day is warranted. A new study by Bankrate.com, an online aggregator of financial information, has found that Philadelphia banks charge their customers the highest rate in the country for using a “non-network ATM”—an average of $1.96. That number is what your own bank...
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Occupy Philly May Day Protests End in Two Arrests
Yesterday’s Occupy Philly’s May Day celebrations promised—through the animated depiction of UC Davis campus Police Lt. John Pike’s head ripped off and spouting blood like a Kill Bill action sequence—closing down banks throughout Philadelphia. That was at least the thought at 12:30 yesterday afternoon when a crowd gathered at the Wells Fargo branch at...
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DAILY GRINDER: Will You Protest With Occupy or Strippers?
At 3 p.m. today, a group of strippers (more than 80 planning to attend at this point) will protest in front of the Daily News over a recent cover story regarding prostitution arrests at the Gold Club in Center City. Mostly, they’re pissed the Daily News went out of its way to quote Dr. Mary Ann Layden, who, according to the blog Sex With Timaree, “implies...
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DAILY GRINDER: Activists Barred From Romney Event
Photo taken outside the Franklin Institute last night, where protesters were barred from Romney's speech. #OccupyFirstGrade Mitt Romney spoke in front of a Tea Party audience last night at the Franklin Institute and paid $10, $20 or $30 to see him. Romney spent the night talking about how the country needs to heal its partisan divide and find ways to...
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Update: Deal Struck Between Mortgage Leaders and States; City Council not Happy
Image: Shutterstock Last week, Philadelphia City Council passed a resolution asking Pennsylvania Attorney General Linda Kelly to pursue legal action against banks that’ve been involved in mortgage abuse. In so doing, Council was urging the state to not accept a deal the federal government had been negotiating with the five biggest banks accused of predatory...
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Occupy Philly Protester Encourages ‘November 5th: Bank Transfer Day’
Christian strolls through Dilworth Plaza’s Occupy Philly mashup sporting an ungroomed beard, shaggy hair and a small sign reading, ‘November 5th: Bank Transfer Day.’ He’s by himself, but come the aforementioned date, Christian, who did not provide a last name, plans to be one of thousands. “I’ve been encouraging people to go to local credit unions,”...
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Hundreds Gather for First Occupy Philly Meeting
Close to 400 people turned up at the United Methodist Church at Broad and Arch streets last night for the first meeting of Occupy Philly—a planned demonstration/camp-in and show of solidarity with the Occupy Wall Street protests in Lower Manhattan over the past two weeks that’s been garnering increasing media attention and spawning similar groups in...
Continue ReadingDAILY GRINDER: Philly Wants its Own Cigarette Warnings
Philadelphia is not waiting around for the federal government to force them to put pictures of extreme cancerous lungs near stores’ cigarette packs. While Big Tobacco-led lawsuits are dealt with nationally, the law’s meat grinder sets in motion, and Truth.com plans its next set of “hip” commercials, Philadelphia will require both “A pictorial...
Continue ReadingPhilly’s Board of Pensions and Retirement Sues Citigroup
It seems the only way to get out of the recession is to sue those who benefited from it—namely, America’s biggest banks. The city’s Board of Pensions and Retirement is doing just that in an effort to hold big banks accountable for the economic meltdown from nearly two years ago. Yay, accountability! U.S. District Judge Sidney Stein gave the suit...
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