Source: Financial Times: (Editors Note: This really doesn't fit into the "Underreported News" Section but I just thought It was interesting and would like to share it with everyone.)
By Saskia Scholtes and Francesco Guerrera in New York
Published: August 9 2009 22:52 | Last updated: August 9 2009 22:52
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. Read More
Posts
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.