Jim (jumbach) wrote in bad_service,

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At last! The truth comes out!!

USA Today had an an interesting article today that confirms what I had always suspected: Their fees for bounced checks, overdrafts, etc., are nothing more than a profit center. And they INTENTIONALLY do things like let you withdraw out of the ATM when they know damn well you don't have money in it, so they can ding you $20+ for going over. (WaMu has pulled that stunt on me at least twice.)

Back in the old days, banks/insurance companies/investment houses had a fidiuciary duty to look after the best interests of their clients; I guess those days are gone.
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