STOCK MARKET WATCH -- Wednesday, 19 June 2013

[Demeter]

2. Speaking of Weaning and such, I cut the cord today

Ever since the EuroCrash, banks had to offload stuff, shrink their liabilities.

So INGroep sold their US-based electronic banking concern, ING Direct, to Capital One.

Well, Capital One couldn't leave well enough alone. They kept changing it, and changing it, and putting in more security and more hoops. I finally decided to shed them, and shut them down Tuesday afternoon.

It got so that doing anything with them was like taking a driving test without any lessons. I couldn't do anything on line, because I could never keep up with the changes. They kept maybe one in ten of their telephone people, so waiting times ballooned from nothing up to 5 minutes. And their interest rates...don't get me started!

There was a great commercial on TV, back when I watched TV, back when at least the commercials were entertaining, where this lovely, high-maintenance woman coos: "I'm losing interest in you!" I don't remember which bank it was for, but if the shoe fits...

Enough said.