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In the Bank Trap

Kruck, Peter

In the Bank Trap

How we are ripped off and left standing in the rain

February 2007, Approx. 200 pages
 978-3-85436-385-9
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»A banker is a fellow who lends you his umbrella when the sun is shining and wants it back the minute it begins to rain.« All too often bank customers are left standing in the rain …

"What is, in fact, robbing a bank compared to founding a bank?" Bertolt Brecht once remarked acidly. No matter whether a salaried employee, a manager, a person building the family home or an entrepreneur – many people had to experience already the power of bankers first-hand. Any attempt of starting a fight with the lords and masters of money is – more often than not – bound to fail miserably. The author presents a record of the most outrageous of sins: From fees that rob you blind and liquidations of securities up to selling loans to (foreign) debt collectors.

  

  • Where and when you have to be particularly careful as the customer of a bank

 

Peter Kruck, born in 1965, fully-trained banker, studied journalism and communications science. The market researcher is founder, president and CEO of the Institute of Applied Communication Research Bochum (BIFAK) and lecturer at the Institute for Media Science at Ruhr University Bochum. He lives in Bottrop with his wife Simone and their dog Olli.