Big Banker is watching you

Herger wrote in with a story about how banks are developing databases to track 'profitable' customers and serve 'losers' less well to discourage them from using their services (not having debt qualifies you as a loser). The databases use demographics about all aspects in our lives for evaluation by creditors. Indeed Oracle's Larry Ellison went as far as to suggest banks warehouse "psychographic" data: hobbies, political opinions, magazine subscriptions and "actions," including clubs joined, recent purchases, restaurants and designer boutiques frequented which would allow banks that own unrelated businesses like casinos or hotels to market them. Is this OK with you, or do we need to start a Slashdot Cooperative Bank ? ;-)