TELECOM Digest OnLine - Sorted: Re: Worst Phishing Fraud Attack Ever! 40 Million Cards Affected

Re: Worst Phishing Fraud Attack Ever! 40 Million Cards Affected

mc (mc_no_spam@uga.edu)
Wed, 22 Jun 2005 17:41:03 -0400

Ed Clarke <clarke@cilia.org> wrote in message
news:telecom24.284.6@telecom-digest.org:

> I went through our credit card bills yesterday. LLBean Visa 27% APR.
> Delta Skymiles AmEx 25%. I paid them both off in full and won't be
> using them again. AmEx charges $15 for an over-the-phone eCheck but
> the INTEREST on the damn card was several dollars per day. By the
> time the physical check would arrive and clear, I would have that much
> in interest.

You will probably find that they still have an amount due the next
month, to mop up finance charges. As I understand it, some cards
charge interest on the average balance for the month rather than the
actual balance, which means they can keep charging interest on a loan
you've paid off!

> I'm about to dump all my Cisco switches (2900 Catalyst series, 5000
> series) and the RAID stuff onto eBay. Simply shutting them down and
> replacing them with a 100 watt ReadyNAS 600 will save me hundreds of
> dollars per month even if I just threw them out.

I remember when Yale University gave away an IBM 370 for just that
reason. The whole new computer cost less than the saving on
electricity from turning the old one off.

Post Followup Article Use your browser's quoting feature to quote article into reply
Go to Next message: DevilsPGD: "Re: Companies Want _US_ to Pay For Their Mistakes"
Go to Previous message: Steven Lichter: "This guy is Just Stupid"
TELECOM Digest: Home Page