Steve Benen explains: I especially loved the “Exclusive!” with the exclamation point, as if this were a rare, special occurrence. For those keeping score at home, as of this weekend, there will have been 47 Sundays since President Obama’s inauguration in January. With this 16th appearance on a Sunday morning talk show this week, John […]
$38 Billion From Overdraft Fees?
This is why we also need banking reform: US banks stand to collect a record $38.5bn in fees for customer overdrafts this year, with the bulk of the revenue coming from the most financially stretched consumers amid the deepest recession since the 1930s, according to research. The fees are nearly double those reported in 2000. […]