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Looking Closely At Those New Fees From The Big Banks

Friday, January 14, 2011 - 4:22 PM
Ron Lieber in this New York Times article takes issue with the following line that Chase spokespersons have used to justify new fees:
“We don’t want to raise fees on our customers,” a company spokesman said. “But unfortunately, regulation is forcing us to do it. And as a result, some customers may end up unbanked.”

Today's earnings report from Chase showing massive profits don't seem to showing how regulations have been hurting them.
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Ken TuminKen Tumin5,469 posts since
Nov 29, 2009
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