Thank the Occupiers – Debit card fees: Some banks say no

Thank the Occupiers - Debit card fees: Some banks say no October 28, 2011 5:00 pm bowser

http://money.cnn.com/2011/10/28/news/companies/debit_card_fees/index.htm

“NEW YORK (CNNMoney) — Many big banks are lining up to assure customers they won’t impose the debit card fees that have sparked a backlash against Bank of America.

“According to a person familiar with the company’s plans, JPMorgan Chase (JPM, Fortune 500), the country’s biggest bank, has decided not to charge customers for debit card purchases. The decision follows a test of the fee the bank began in two states in February. That test will be dropped in November.”

I think you can thank your local Occupier, who is typically a former middle-class person. A remarkable difference from the demonstrations in the ’60s and ’70s.

Arf

I think the people just voted with their feet Bowser. Membership at credit unions and community banks has swollen since ... by RobVG 2011-10-28 19:04:26
- I'll never bank with a national bank. by Lee 2011-10-29 13:04:13
- Absolutely. That too. by bowser 2011-10-28 20:30:57
Yeah, until they had people living in the parks with misspelled cardboard signs, banks had no way to figure out ... by TB 2011-10-28 18:25:48
- I gather we can agree that the Occupiers are a "market response". by bowser 2011-10-28 19:03:26
  - No, the "occupiers" are a desperate political distraction by TB 2011-10-28 19:14:35
    - TB, you have learned much from your leaders. After every insurgent victory Cheney would say that it was the ... by bowser 2011-10-28 20:29:59
      - There will be no tanks, despite the continued media romanticizing of a bunch of bored, mostly well-off kids who have ... by TB 2011-10-28 20:52:29
        
        You're so full of shit, you don' even know your ass from your head. by Eri 2011-10-28 21:15:44
        
        Ah, now that's the kind of reasoned, well-researched response I've come to know and love. by TB 2011-10-28 21:17:42
        
        Please explain your demographic analysis of the Occupiers. I agree that when the weather gets bad they'll leave. ... by bowser 2011-10-28 21:15:37
        
        One survey of 200 "occupiers" can be found here. As for their sanity, I've seen an awful lot of video interviews ... by TB 2011-10-28 21:21:04
        
        Article by WSJ journalist DOUGLAS SCHOEN, is highly skewed...are you sure you weren't breathing over his shoulder Tom? The piece ... by Lindy 2011-10-29 20:36:33
        
        We've done the numbers a few times before on where the "loot" in this country goes. I could do ... by TB 2011-10-30 09:05:15

Recent posts

Search

The Control Panel