Thursday, May 15, 2008

Vampire Strangler Clip

BANKS: "Unfair commercial practices" DAMAGES FOR 5.9 BILLION

The Antitrust Authority has opened ten investigations, for unfair practices in commercilai realzione the Bersani law on "portability of mortgages in respect of the following banks:

Intesa Sanpaolo - Unicredit - Monte dei Paschi di Siena - Bnl - Carige - Antonveneta - UBI Banca - Popolare Milano - Banca Sella - Deutsche Bank.

is what it says:

"The law on the portability of loans has remained unimplemented. We have news of cancellations to change just because of the costs and we have reports of citizens because the banks deny the subrogation and propose a similar contract with insurmountable costs. We have evidence that this is true, and we collected sufficient evidence of ten banks and we have opened ten investigations, "explained Catricalà. "The case was opened because we believe the improper way they act, not by agreement between the banks and then but for an unfair commercial practice."

"the behaviors of banks that do not apply the provisions laid down in the liberalization introduced by the Bersani package, have caused damage to depositors amounted to € 5.9 billion" said Rienzi, president Codacons.

"For the Competition Authority is an unfair commercial practice and, Adusbef and Federconsumatori is a custom, which has become over time, of arrogance and bullying continues to nationals users. Of course - plus the two associations - our associations putting in all the functional initiatives to compensation for those who request it. Also analyze the verifiability of entry into the instrument's field of class action. In our opinion - concluded Adusbef and Federconsumatori - it is an undue profit of banks involving 150,000 families. "

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