MURDER ON THE STREETS

Posted by JJJH on Saturday, 17 December 2005
Went xmas shopping today. this is my impression of the general public going bonkers in broadmead shopping centre...

4 comments:

Lionheart said...

What's brilliant is that they're also knocking the whole thing down - it's chillingly like the end of the world, people desperately grabbing all the crap they can whilst the shops are bulldozed around them!

6:02 pm
JJJH said...

hmmm interesting lucy. was that just off the top of your head? GET OUT OF MY FACE AND NEVER RETURN!!!

7:18 pm
delifinger said...

its funny that cos i was just thinking...

Bank of America Corp. launched a new pricing structure Thursday for online stock trades that will cut fees from almost $20 to as little as $5 per transaction for some wealthy customers.

Still, officials of the nation's second-largest bank declined to describe the move as the start of a price war with online brokerage firms such as E-Trade and Ameritrade, which also offer heavily discounted fees.

Under the new pricing plan that goes into effect immediately, Bank of America's checking account customers can trade shares online for either $7 or $10 per transaction, depending on the type of bank account they have.

Online stock trades will be reduced to $5 for private bank and premier bank customers, who are some of the bank's wealthiest clients. For customers of Banc of America Investment Services, the Charlotte, N.C.-based bank's retail brokerage, the fee for online equity trades was reduced to $14. All trades previously cost $19.95 each.

Customers have made it clear they want more competitive prices for trading stocks, said Jim Goodwin, a brokerage strategist with Banc of America Investment Services Inc.

"My personal viewpoint is that pricing in the direct brokerage business has probably reached an equilibrium,'' he said from BAI's offices in Boston. "We made this move for a number of reasons, including that our customers have told us what they want from an investment service standpoint.

"You need to hit the basics on the value, and we are talking about total value. We offer service that makes sense to the customers who bring their accounts to us.''

Some online brokerages charge fees as low as $7.95 for up to 2,000 shares, said Tony Plath, a finance professor at the University of North Carolina at Charlotte.

what do you reckon ? any good?

8:41 pm
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3:25 am

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