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Wednesday, October 25, 2006Other Dates

Clark wraps up BOA challenge on high note

Clark wrapped up his Bank of America challenge today, after hitting the $50 million mark on our BOA “Money Loss Meter.” The bank never budged from its position, but hopefully company execs learned a lesson in customer service from the thousands of customers who withdrew more than $50 million in protest. Clark also talked to Matthew Shinnick, the San Francisco man whose arrest prompted Clark to take action. Matthew has been on CNN and done several newspaper interviews, helping to spread the word about what happened to him and how BOA responded. For the back story, click here. The sad part is that Bank of America never thought of apologizing to Matthew or doing the right thing. It is the most arrogant, stupid, mean-spirited response from a company that Clark has ever witnessed. So, in the hopes of doing his part to help Matthew, Clark is going to give Matthew $7,000 to help recover the money he spent on legal fees. In the wake of the story, Clark had asked BOA to pay the other half - $7,000 – so they would split the cost to make Matthew whole again. But BOA refused. The company blew it big time on this one and will have to live with that.
  • Hear the final segment
  • Web sites/phone numbers mentioned:

    carsdirect.com - car values
    driveone.com - find car values
    carbargains.com - car values
    carmax.com - car values and shopping
    nolo.com - how to sue in small claims court

    Give your Matthew money to needy kids

    A lot of people have offered to give Matthew Shinnick money or to start an account where people can deposit money since Clark offered to pay part of his legal fees. Clark is delighted and grateful for that offer, as is Matthew, but Clark has another idea about where to put that money. In a few weeks, Clark’s annual Christmas Kids campaign will begin again across the nation. Why not check back on the site and help a deserving child have a real Christmas this year. We’ll have all of the information up and a form where you can donate online. What better cause could there be?

    GM, Ford and Chrysler cars are a steal

    If you are interested in a new car, Clark has news for you. Edmunds.com has done an analysis of GM, Ford and Chrysler and has come up with news that is entirely different than the industry report most people see. Edmunds found that it would take at least three months to sell the cars sitting on dealer lots at these three companies if no more cars sold. That is a huge inventory and these companies have to pay when cars are sitting on lots, taking up space. On the other hand, Toyota has almost no cars sitting on its lots. So, what does it mean to you? American and German-made cars are a steal. What you don’t want to do is sell your somewhat new American car to buy a GM, Ford or Chrysler.

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    Which of these recent rip-off alerts shocked you the most?
    Campuses taking kickbacks from health insurers.
    AT&T settling a lawsuit over 3rd party billing charges.
    Online loans coming with interest rates as high as 2,000%.
    Scamsters pretending to collect funds for flood-relief charities.
    All of the above.
    None of the above.
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