I would not hire a thief to "guard" my money or possessions. I wouldn't hire Bank of America to handle my money or to loan me anything. Legal or not, a thief is a thief, and a crook is a crook.
History: 1906 San Francisco quake, a state of emergency was declared and everyone was ordered to evacuate. Bank of Italy owner smuggled out cash in wagons hidden underneath "essentials" and charged high interest rates because most other banks, went belly up because their money burned up. Bank of Italy later changed it's name to Bank of America, still taking advantage of the less fortunate.
http://en.wikipedia.org/wiki/Bank_of_Italy_(USA)
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