They don’t know that’s what they’ve said to me, but it is. In the aftermath of Booster Entertainment cancelling Flanvention II the day before the event was to start, and after hundreds of attendees already were in Burbank for it, many of those ticket-holders have turned to their financial institutions, through which they made their payments for the event, seeking to get their money back sooner rather than the later which would be the case when going after Booster directly themselves.
On the whole, customers of Bank of America have been getting their money back, leaving in essence the full weight of Bank of America to come down on Booster instead of a customer here and a customer there through the long process of civil litigation. BofA gets to be the good guy to their customers, and assume the role of creditor to the bad guy.
Washington Mutual, on the other hand, just turned down my claims. In essence, they’ve told me that to protect myself against any company which might in the future do to me what Booster Entertainment did to me this month, I should be banking with Bank of America.
After I have another round of conversations with my bank tomorrow, I’ll start looking into it.