2004/12/01

 

Why I'm cancelling my CIBC Visa

CIBC faxes private information for hundreds of customers to an auto wreckers in West Virginia. They did this from July 2001 - when the owner immediately alerted them to the problem - until November 2004, when he broke the story to the Canadian media. Enough information was transferred for an unscrupulous recipient to assume customers' identities.

CIBC loses tens of millions to an investment in Ken Bryden and the Ottawa Senators, recieving $0.0006 for every $1.00 loaned (point six cents on the dollar). No doubt this loss with be offset through nickel and diming small customers.

CIBC dispenses Canadian Tire money from one of its ATMs.

Edit: Note that I did not say "ATM Machine". People who say "ATM Machine" are slack-jawed mouth-breathers. Should you encounter someone using the phrase "ATM Machine", promptly make them say in full what they are actually saying: "Automated Teller Machine Machine".


Chin up, kid, it turns out even faceless trillionaires can have a bad week....

Comments: Post a Comment



<< Home

This page is powered by Blogger. Isn't yours?