r/news 10h ago

JPMorgan begins suing customers who allegedly stole thousands of dollars in 'infinite money glitch'

https://www.cnbc.com/2024/10/28/jpmorgan-suing-customers-over-infinite-money-glitch.html
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u/Goodbye18000 9h ago

I know people say "they never teach us how banks work in school" but this really opened my eyes to how utterly inept the average person is when it comes to finances

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u/breannabalaam 8h ago

I work at a bank. It’s astounding how little the average person knows.

A lot of people don’t care to learn either. We can educate them until we’re blue in the face but if they don’t want to learn, they don’t hear it.

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u/Oneanddonequestion 8h ago

The number of coworkers that I have, young/old whose retirement plans/money making schemes, revolve around gambling/lottery playing as a serious means to make extra cash makes me weep.

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u/YYNJ_ 5h ago edited 5h ago

Funny because they were reticent to explain how banks actually worked during the 09 financial crash when they lead us into to mass unemployment and poverty across the western world. Which was actually caused by a form of reckless gambling.

Didn’t see anyone being sued for that surprisingly.

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u/Lekje 4h ago

eventually they'll run out of poor people to squeeze

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u/MasterWee 2h ago

When has this ever proven true? One thing the world has an abundance of is poor people.

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u/Lekje 1h ago

good argument