David Wallis

David Wallis is the editorial director of Featurewell.com. He has contributed to The New Yorker, The Washington Post and ten sections of The New York Times.

Recent Articles

It's a Wonderful Lie

Bank of America and J.P. Morgan Chase's ad campaigns portray the institutions as your friendly neighborhood credit union.

At a time when legislators, consumer advocates and the Occupy movement batter big banks for their questionable business practices, J.P. Morgan Chase and Bank of America have gone soft and fuzzy. The nation’s two largest banks are running saccharine television commercials that portray the massive multinationals as the Bailey Building and Loan Association. Bank of America recently rolled out its “Opportunity” campaign to highlight the company's nationwide bid to lend a hand— i.e. , money— to small businesses. (Ironically, It’s A Wonderful Life director Frank Capra modeled the Bailey's bank on BoA.) In Brooklyn, tenants of a green affordable housing project partly funded by BoA gush over their sleek new apartments, replete with AC and electric keys. “No one can pick the lock,” notes a tenant in a web version of the ad. Another tenant, a formerly homeless girl about ten, says of her new digs: “I feel smarter." In Los Angeles, Richard...