Wednesday, August 23, 2017
Company News: Page (1) of 1 - 04/14/17 Email this story to a friend. email article Print this page (Article printing at page facebook
What Happens When Corporations Hate Their Own Customers

(April 14, 2017)

Boca Raton, FL, April 14, 2017 --( The current commentary explosion on social media and the pending legal lawsuit about Chicago airport security guards forcibly pulling a man off a United Airlines plane is deeply disturbing because everyone who has flown can relate to the mistreatment of paying passengers.

But it also shows the distain many corporations have for their own customers.

The events of April 11, 2017 when a 69-year-old physician was forcibly pulled from an overbooked United Airlines plane marks a watershed about consumerism and reveals how many corporations routinely mistreat their own customers.

Of course, the mistreatment is not always physical, but corporations routinely take advantage of unsuspecting clients and customers on a daily basis as shown in the article, “What Happens When Corporations Hate Their Own Customers,” now posted on the site,

In the article, author Chuck Epstein notes that while United Airlines may be in the headlines today, the other large industry which distains its own customers is the financial services industry, including investment firms and large banks. “The financial services industry’s distain for its own customers is worse than the airline industry since saving for retirement or college or just plain life, is regarded as secondary to the ability of investment firms, banks and insurance companies to do everything in their power to separate unsuspecting and uninformed customer-investors from their money by charging excessive fees, commissions or by selling inappropriate expensive products,” Epstein said.

He also noted that recently, the financial services industry has seen global price fixing scandals regarding LIBOR, foreign exchange, silver and gold, as well as banks creating fake accounts for customers in order to meet internal sales goals. On a more regular basis, investment firms have tenaciously fought the U.S. Department of Labor’s fiduciary standard, which essentially simply says a financial advisor must make decisions and buy products that are in the best interests of their customers.

“The inherent conflict between some corporations and their clients is often fueled by regulatory capture, and the all-important flow of millions of dollars in lobbying money to the regulators of the financial services and airlines industry and elected officials to perpetuate this conflict-of-interest and customer victimization,” according to Epstein.

“Worse, this creates a vicious cycle, in which corporate lobbying money emanates from the customer’s own money, so in effect, customer money is being used against customers in order to create and perpetuate policies that disadvantage a corporations own customers,” he added.

See the complete article and more about issues related to how the financial services industry is often less-than-honest with its own customers at, which went online in October 2011.

Chuck Epstein has written by-lined articles for over 50 publications, four books and served as editor and publisher of nation’s first newsletter on the topic of using the PC for personal investing and trading (“Investing Online,” 1994-1999). He also is a marketing consultant, writer and speaker on topics related to investor protection.

He has held senior-level marketing, PR and communications positions at the New York Futures Exchange, Chicago Mercantile Exchange, Lind-Waldock, Zacks Investment Research, Russell Investments and Principal Financial.

He is author of You Don’t Think I’m Beautiful (2016); How 401(k) Fees Destroy Wealth and What Investors Can Do To Protect Themselves (2012) and editor of Managed Futures in the Institutional Portfolio (Wiley, 1992) and The Handbook of Corporate Earnings Analysis (Wiley, 1994).

Contact Information:
Chuck Epstein
Contact via Email

Read the full story here:

Press Release Distributed by


Page: 1

Related Keywords:Business, Technology, Computer, Enterprise Software, SoftwareArts & Entertainment, Art & Museums, Events & Concerts, Movies & Film, Music, Lifestyle, Technology, Electronics, Information, MultimediaBusiness, Awards, Diversity & Society, Disability, Lifestyle, Travel & Tourism, Medical & Health, Medical Products, Retail, Health RetailBusiness, Awards, Communications, Marketing, RetailBusiness, Awards, Real Estate, Women in BusinessBusiness, Entrepreneurs, Human Resources, Investment, Management, Personnel Announcements, Energy, Alternative & Green Energy, EnvironmentBusiness, Corporate Social Responsibility, Finance, Investment, Communications, Public Relations, Social Media, Government, Politics, Travel & Hospitality, Leisure & Tourism
Related Sites: Hollywood Industry ,   HTN - Health Technology Net
Related Newsletter: Tutorial Finder ,   Review Seeker ,   DMN Newswire Newsletter

  • Medical Sector Contract Electronic Manufacturing Market shows lucrative growth CAGR of 8.8 % by 2022
  • Author Jerry L. Old, MDs newly released ?Jesus Christ M.D.~The Awesome Power of Blending Medicine and Religion for Healing presents stories about spiritual healing.
  • Regenerative Medicine Market Analysis By Product, By Therapeutic Category And Segment Forecasts, 2014 - 2025
  • Pain management devices Market is Expected to Grow at a CAGR of 7.2 % from 2016 to 2023
  • Global 3D Medical Imaging Industry

  • Columbia China Starts Construction on $150M Hospital in Jiaxing, China
  • GetWellNetwork Recognized for Sixth Consecutive Year on Inc. 5000 List
  • CytRx Corporation Files Preliminary Proxy Statement for Upcoming Special Meeting
  • Gaucher Disease Market Is Anticipated To Witness Growth Owing To Increasing R&D Activities And Special Facility For Orphan Drugs Till 2021 | Million Insights
  • Astronauts Showcase Space Art Created with Childhood Cancer Patients

    Our Privacy Policy --- About The Health Technology - Contact Us - Advertise With Us - Privacy Guidelines