Roberm73

Now that Bank of America (BAC) will assess overdraft fees 10 times a day instead of five, Felix Salmon takes on the scandal of the charges, which are raking in $30B for the banks: The median amount triggering overdrafts is $36, meaning implicit "loan" interest in the thousands of percent, resulting in an unconscionable "tax on poverty."

Where is the vileness that is usaully heaped on check cashing companies who charge as little as 350% or up to 500%.