http://www.cnbc.com/id/102692160
If you've been stung by overdraft fees over the past couple of months, lots of other people feel your pain.
So many, in fact, that three of the largest U.S.
banks alone collected in the first quarter of 2015 more than $1.1
billion in penalties and fees related to overdrafts, according to SNL
Financial, which gathered records after banks started breaking out the
charges this year.
JPMorgan Chase, Bank of America and Wells Fargo
were the largest players of about 600 banks in total that received some
$2.51 billion. They are three of the four biggest banks in the U.S.
Representatives for the three did not immediately respond to a request
for comment.
We've learned nothing in this Country. The dumbing down has worked as planned.
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