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Chase Bank Says No To Porn
Ragnarok.Tatsiki
Serveur: Ragnarok
Game: FFXI
Posts: 127
By Ragnarok.Tatsiki 2014-04-25 09:09:13
yay I can shlick in peace now. I was so worried about that but you put my mind at ease
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Valefor.Sehachan
Serveur: Valefor
Game: FFXI
Posts: 24219
By Valefor.Sehachan 2014-04-25 09:13:21
*fapfapfap*
"Oh my god.."
*slows down fapping*
"Are these guys alright?"
"Yeah, don't worry about it."
"Ah okay." *faps like there's no tomorrow*
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Bismarck.Ramyrez
Serveur: Bismarck
Game: FFXI
Posts: 4746
By Bismarck.Ramyrez 2014-04-25 09:15:14
I banked with them once, was horrible. Ended up canceling my account and moving to a different bank. Them and Wells Fargo were utter sh!t with customer support, they really didn't care about anyone that had less then a million USD with them. Anyhow it's their own choice to be douches and refuse perfectly good money. But that brings me to another point, how on earth can a bank refuse to process payments from someone in the adult films industry but a bakery can't refuse to bake weddings cakes for a homosexuals? Because bakeries don't have senators in their back pocket. Because the sex industry isn't a protected class.
Neither are homosexuals.
Banking executives, however....
(And if it's not clear, I'm speaking in the sense of what we all know to be true, not the literal definitions.)
Lakshmi.Flavin
Serveur: Lakshmi
Game: FFXI
Posts: 18466
By Lakshmi.Flavin 2014-04-25 09:19:12
If we're going to take a look at the bakery as well they actually received an increase in business after they refused to service the gay couples cake needs.
While I may disagree with their stance or approach on the matter, it is important to note that public perception is a powerful thing and worrying about reputation can be important for business. It could be the difference between losing a thousand small accounts and keeping a hundred large accounts.
This is a business, they don't care about you and they never will and they don't have to. When you start to realize that you might start to realize that they are not required to do what you want them to just because you want them to. It may be disgusting or distasteful and you may not agree with it but yeah...
Edit: Also, the cake place needed to reformat their entire business to be able to keep running without violating the law so it's not as if they were just allowed to refuse service and go on with their day either.
Lakshmi.Flavin
Serveur: Lakshmi
Game: FFXI
Posts: 18466
By Lakshmi.Flavin 2014-04-25 09:22:50
I banked with them once, was horrible. Ended up canceling my account and moving to a different bank. Them and Wells Fargo were utter sh!t with customer support, they really didn't care about anyone that had less then a million USD with them. Anyhow it's their own choice to be douches and refuse perfectly good money. But that brings me to another point, how on earth can a bank refuse to process payments from someone in the adult films industry but a bakery can't refuse to bake weddings cakes for a homosexuals? Because bakeries don't have senators in their back pocket. Because the sex industry isn't a protected class.
Neither are homosexuals.
Banking executives, however....
(And if it's not clear, I'm speaking in the sense of what we all know to be true, not the literal definitions.) I may be remembering incorrectly but I was under the impression that in CO you can not descriminate based on sexual orientation.
Money is what you're talking about not bankers in general.
Ragnarok.Tatsiki
Serveur: Ragnarok
Game: FFXI
Posts: 127
By Ragnarok.Tatsiki 2014-04-25 09:32:48
*ahlickshlickshlick*
"Oh my god.."
*slows down shlicking*
"Are these guys alright?"
"Yeah, don't worry about it."
"Ah okay." *shlicks like there's no tomorrow*
Sounds like me on a bored Tuesday night tbh...
Leviathan.Chaosx
Serveur: Leviathan
Game: FFXI
Posts: 20284
By Leviathan.Chaosx 2014-04-25 09:52:41
Edit: Also, the cake place needed to reformat their entire business to be able to keep running without violating the law so it's not as if they were just allowed to refuse service and go on with their day either. Sounds like you want your cake and be able to eat it too.
Ragnarok.Tatsiki
Serveur: Ragnarok
Game: FFXI
Posts: 127
By Ragnarok.Tatsiki 2014-04-25 09:53:54
Edit: Also, the cake place needed to reformat their entire business to be able to keep running without violating the law so it's not as if they were just allowed to refuse service and go on with their day either. Sounds like you want your cake and be able to eat it too.
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Bismarck.Ramyrez
Serveur: Bismarck
Game: FFXI
Posts: 4746
By Bismarck.Ramyrez 2014-04-25 09:54:42
I banked with them once, was horrible. Ended up canceling my account and moving to a different bank. Them and Wells Fargo were utter sh!t with customer support, they really didn't care about anyone that had less then a million USD with them. Anyhow it's their own choice to be douches and refuse perfectly good money. But that brings me to another point, how on earth can a bank refuse to process payments from someone in the adult films industry but a bakery can't refuse to bake weddings cakes for a homosexuals? Because bakeries don't have senators in their back pocket. Because the sex industry isn't a protected class. Neither are homosexuals. Banking executives, however.... (And if it's not clear, I'm speaking in the sense of what we all know to be true, not the literal definitions.) I may be remembering incorrectly but I was under the impression that in CO you can not descriminate based on sexual orientation. Money is what you're talking about not bankers in general.
I feel like you're taking what I'm saying too concretely.
Obviously I meant monied individuals in general and I'm merely poking fun at the double (triple? quadruple? I've lost track) standards in our otherwise great country.
Lakshmi.Flavin
Serveur: Lakshmi
Game: FFXI
Posts: 18466
By Lakshmi.Flavin 2014-04-25 09:58:38
Edit: Also, the cake place needed to reformat their entire business to be able to keep running without violating the law so it's not as if they were just allowed to refuse service and go on with their day either. Sounds like you want your cake and be able to eat it too. I was just replying to the comment that the bakery couldn't refuse to sell the homosexual couple. They were able to refuse but they had to completely reclassify their business to do so.
Lakshmi.Zerowone
Serveur: Lakshmi
Game: FFXI
Posts: 6949
By Lakshmi.Zerowone 2014-04-25 10:03:10
Hmmm... now to apply a stretch of the imagination that could very well be the case in point.
The only way this would make sense is if:
Chase can prove that the recent influx of Arab producers to the Adult Entertainment Industry over the last 15 yrs in fact have ties to terrorist organizations. Thus a desire to disassociate themselves from all forms of the adult industry money chain.... but if this were the case, HSBC is willing and able to take the money without repercussions.
Serveur: Shiva
Game: FFXI
Posts: 3618
By Shiva.Onorgul 2014-04-25 11:52:39
From what I've read the porn industry is very good at making sure it's employees are well protected. They don't feel the need to be regulated as they claim to keep very good records. Are you being sarcastic again?
The porn industry is hard to generalize, just like any other large and varied industry. It has a lot of nastiness and exploitation in it, though, especially any studio that regularly features or specializes in very young workers. Their records-keeping is somewhat irrelevant when they willfully look the other way when an obviously-16-year-old is flashing a false ID and a lot of skin.
I've watched documentaries from skeptics defending the porn industry and it is no coincidence that they focus on adult workers who have years under their belt and work with studios that treat them well. But the majority of porn work, especially if you want native speakers of English involved, is like doing work at SAG scale in Hollywood; which is to say, you may as well call yourself Juan or Rosalita because you're an easily replaced day laborer.
That said, it still makes no sense to block workers from banking with them. If they want to cut ties with the studios in an effort to force the system to change, that's certainly their right (I'd argue that it won't work, but that's irrelevant), but there's literally no way for the public to know that *** McGee, who makes $5,000 a year getting *** in the ***, banks at Chase unless Chase goes out of their way to tell us.
Leviathan.Chaosx
Serveur: Leviathan
Game: FFXI
Posts: 20284
By Leviathan.Chaosx 2014-04-25 12:05:10
From what I've read the porn industry is very good at making sure it's employees are well protected. They don't feel the need to be regulated as they claim to keep very good records. Are you being sarcastic again?
The porn industry is hard to generalize, just like any other large and varied industry. It has a lot of nastiness and exploitation in it, though, especially any studio that regularly features or specializes in very young workers. Their records-keeping is somewhat irrelevant when they willfully look the other way when an obviously-16-year-old is flashing a false ID and a lot of skin.
I've watched documentaries from skeptics defending the porn industry and it is no coincidence that they focus on adult workers who have years under their belt and work with studios that treat them well. But the majority of porn work, especially if you want native speakers of English involved, is like doing work at SAG scale in Hollywood; which is to say, you may as well call yourself Juan or Rosalita because you're an easily replaced day laborer.
That said, it still makes no sense to block workers from banking with them. If they want to cut ties with the studios in an effort to force the system to change, that's certainly their right (I'd argue that it won't work, but that's irrelevant), but there's literally no way for the public to know that *** McGee, who makes $5,000 a year getting *** in the ***, banks at Chase unless Chase goes out of their way to tell us. Maybe that's what I was reading, propaganda from the Porn Industrial Complex.
Cerberus.Pleebo
Serveur: Cerberus
Game: FFXI
Posts: 9720
By Cerberus.Pleebo 2014-04-26 22:25:53
Well, the good news is that Wells Fargo has no problems with porn stars coming into their locations and depositing their huge wads. ATM activity is expected to explode.
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Serveur: Shiva
Game: FFXI
Posts: 8022
By Shiva.Viciousss 2014-04-26 22:41:57
Of course, run your business away to your competitors, Chase Bank has accomplished nothing.
Serveur: Odin
Game: FFXI
Posts: 6558
By Odin.Zicdeh 2014-04-26 22:46:58
Well, the good news is that Wells Fargo has no problems with porn stars coming into their locations and depositing their huge wads. ATM activity is expected to explode.
ATM activity is expected to explode.
depositing their huge wads
By Voren 2014-04-27 00:30:23
I would hazard a guess that no one outside of the bank employees knew, and even fewer cared that adult media workers banked with Chase. This was news to me and I'm a member of Chase bank.
Chase always seemed like a bank that would screw people over and not have the decency to at least offer a reach-a-round.
Chase Bank Is Shutting Down Porn Actors' Bank Accounts
Quote: Reportedly, Chase Bank recently sent letters to hundreds of porn performers informing them that their accounts will be shut down by mid-May. This isn't the first time Chase has targeted those who work in the adult industry — and, sadly, I doubt it will be the last.
According to Perez Hilton (I know, I'm sorry), hundreds of letters went out to members of the adult industry informing them, "We recently reviewed your account and determined that it will be closing on May 11, 2014." The letter goes on to apologize for the inconvenience and instruct the recipient to cancel all automatic deposits and withdrawals.
Sex work is never specifically mentioned, but — as Kitty Stryker points out at The Frisky — Chase has a dubious history of discriminating against people in the adult industry (and even people who just do work that's related to sexuality). Last year, for instance, Chase refused to process payments for Lovability, a company that sells condoms and promotes female sexual empowerment, because condoms are "adult-oriented material" and thus a "reputational risk." After Lovability CEO Tiffany Gaines engaged in a high-profile protest against the company, the bank agreed to process Lovability's payments — but, notably, not to remove condoms from the "prohibited adult" category. Gaines responded to this decision on xoJane:
Chase's ability to pass judgment calls on what we can buy and sell is a breach of everyone's rights... We cannot allow any large corporations like Chase bank to get away with governing our ability to take responsibility for our sexual health.
A month after this, former softcore porn producer Marc L. Greenberg sued Chase for refusing to underwrite a loan for "moral reasons." Greenberg approached the bank for help refinancing one of his properties; although he had an annual income of $500,000 and a net worth of $10 million, his request was ignored for four months. Finally, a high-ranking official at the bank told him that his loan application had been refused due to "JPMorgan's disapproval of plaintiff's former source of income and occupation as an owner of a television production company that produced television programs that dealt with the subject of human sexuality." It doesn't matter if the money is legally earned: if it has anything to do with sex, Chase views it as sordid.
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