Comment Re:Blacklisted (Score 2, Informative) 265
There seems to be a disconnect with "businesses" that make their living primarily off of a government license or special status. As we saw when they dissected the banking crisis, many "financial" businesses are quasi-governmental in nature and as such should have much less latitude to declare themselves "purely private" entities with freedom of choice.
Having said that, I do not believe that banks should have any latitude to deny service to anyone who is not causing a direct problem for the bank. (i.e. breaking laws that involve the bank, refusing info required to meet regulation, abusive to the staff, etc.) Most businesses operate this way - it's only when you get self-righteous employees involved that start to treat the business like they own the whole thing that you get nonsense like this. It is not the bank's place to discipline a business for conduct that is neither illegal nor causes problems for the bank.
Having said that, I do not believe that banks should have any latitude to deny service to anyone who is not causing a direct problem for the bank. (i.e. breaking laws that involve the bank, refusing info required to meet regulation, abusive to the staff, etc.) Most businesses operate this way - it's only when you get self-righteous employees involved that start to treat the business like they own the whole thing that you get nonsense like this. It is not the bank's place to discipline a business for conduct that is neither illegal nor causes problems for the bank.