As if high interest rates and over-the-limit fees weren’t bad enough, banks had to find a new way to stoop to an all-time low. We think they’ve found it, and it’s in the form of issuing debit cards to those receiving unemployment. Sick. It has been reported by Alternet that thirty states have reached contractual [...]
President Obama issued a statement on Monday urging banks to do more lending and less bonuses. It’s understandable given the amount of money hoarding banks are doing these days in spite of businesses and homeowners in need of loans. However, one has to wonder what effects if any this plea will have on the banks. [...]
