03.20.2009 9:00 pm

‘Opt in’ to fairness on bank overdraft fees

Tim Lee illustration. The News & Observer

Banks levy about $17.5 billion each year in fees for overdrawn accounts, whether by bounced check, debit card purchase, cash withdrawal from an ATM or electronic payments of bills. That’s chump change compared to…

Tags: Banks, bounced check, consumer protection, eddie roth, Federal Reserve Board, Missouri news, overdraft fees, St. Louis news

01.06.2009 10:01 pm

MINK column: Human pride, more than greed, has spawned financial disaster

By Eric Mink

ST. LOUIS POST-DISPATCH

It’s tempting to see our deepening economic crisis through the prism of the culture of greed that flourished under the let-markets-run-wild ideology of the outgoing Bush administration.

To be sure, any administration that lets private companies rip off the military in wartime…

Tags: Alan Greenspan, Arthur Levitt Jr., Bill Clinton, economic crisis, Eric Mink, Federal Reserve Board, George W. Bush, Joseph Stiglitz, Niall Ferguson, Randy Rackson, Robert E. Rubin, Ronald Reagan, Securities and Exchange Commission, U.S. Treasury Department, Vanity Fair, Washington Post

‘Opt in’ to fairness on bank overdraft fees

MINK column: Human pride, more than greed, has spawned financial disaster

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