Talk about bank robbery

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This story by the esteemed financial columnist Daniel Gross outlines increased fees banks are charging for routine services such as overdrafts and using ATMs.

The fees, according to Gross, have increased dramatically as banks try to find ways to make more and more money. The banks win. Consumers lose.

Here is yet another case where an industry is asking the government to step in and regulate this stuff. Of course, with the political clout banks wield, I wouldn't hold you breath.

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This page contains a single entry by Mike Argento published on October 7, 2009 8:44 AM.

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