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- Idea for site formed by 3 friends at a pubOfficial Site: About Bank of Obama
- Idea was initiated by a debate over the government's bailout of banks and auto companiesOfficial Site: About Bank of Obama
- Based in Austin, TexasOfficial Site: About Bank of Obama
- Started by Bill Solominsky and Brian BuserStarting Up (Statesman): Austin Web site will give you a bailout (March 4, 2009)
- Electronic checks sent instantaneouslyOfficial Site: Bank of Obama FAQ
- Checks sent via mail take 24 hours to process and 5-7 busines days to deliverOfficial Site: Bank of Obama FAQ
- Checks cannot actually be cashedOfficial Site: Bank of Obama FAQ
- Users can physically type in the amount for the check, the person to address it to and a memoOfficial Site: Bank of Obama
- User can chose "bailout" options from a drop-down menuOfficial Site: Bank of Obama
- Users can physically type in the amount for the check, the person to address it to and a memoOfficial Site: Bank of Obama
- 7,000 virtual checks mailed out in the first monthStarting Up (Statesman): Austin Web site will give you a bailout (March 4, 2009)
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Bank of Obama is a fun parody site commenting on the current state of the economy. Using the tagline "Because Everyone Deserves a Bailout," Bank of Obama allows users to send bailout checks to people in need. These can be sent free via e-mail, or for $1.99 the website will mail the personalized novelty check to a designated address. The checks themselves cannot actually be cashed, the concept being to incite some laughter from friends and family.Official Site: Bank of Obama FAQ




