Banks under fire for ‘criminal’ overdraft fees – Washington Post- msnbc.com.
If you read my posts with any regularity you know this is one of my hot buttons. Carolyn Maloney’s bills couldn’t get traction during a hyper-conservative, pro Wall St. era. Now the banking industries true nature is showing. They are enemies of the public and must be exposed for their extortion. This issue should be ON FIRE.
“A backlash is brewing on Capitol Hill against banks that charge large fees for overdrafts without asking or telling customers, the latest sign that the financial crisis
is shifting the balance of power from banks toward borrowers.”