Tag Archives: Banks

It's Your Money That You Earned

Via John Cole, this should piss off everyone: Bank of America, the nation’s biggest bank, said on Thursday that it planned to start charging customers a $5 monthly fee when they used their debit cards for purchases. It was just … Continue reading

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Embarrassing But Fair

Starting now… Unless a consumer chooses to opt-in for overdraft protection, their ATM and debit purchases will be declined if an account has insufficient funds. My bank tried like hell to corral us into an overdraft protection plan. There must … Continue reading

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The Game is Rigged

I’ve been suspicious for a while now that banks manipulate the timing of deposits and debits on a checking account in order to game the system in favor of overdrafts and the subsequent fees. It wouldn’t take much programming to … Continue reading

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Frank Luntz is the Devil

Frank Luntz, the real life Fisher-Price man, has released another memo for Republicans. This one instructs Republicans how to lie about financial regulatory reform. I, for one, welcome the Republicans and their defense of the big banks and Wall Street. … Continue reading

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Suck it, Banks

The president is going after the banks in other ways besides new regulations. Specifically, he intends to impose a new fee: “We want our money back, and we’re going to get it. That’s why I’m proposing a Financial Crisis Responsibility … Continue reading

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Stress Test

From Chris Walla via e-mail: I can’t decide what to make of this. I mean, the answer is ‘no’. But beyond that? From cnn.com, right about now: Tomorrow on CNN: Do you trust mercenaries? (Brought to you by Blackwater)

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