Sen. Dick Durbin excoriates Bank of America (BAC -1.9%) for "sticking it" to debit card...

|About: Bank of America Corporation (BAC)|By:, SA News Editor

Sen. Dick Durbin excoriates Bank of America (BAC -1.9%) for "sticking it" to debit card customers via its new $5 monthly fee: "Banks that try to make up their excess profits off the backs of their customers will finally learn how a competitive market works." But Durbin led the move to change the rules. Isn't this how a competitive market is supposed to work?