Apart from getting the name of the CEO of Bank of America wrong, this average American says enough is enough, and refuses to pay Bank of America any more money on her credit card debt.
I saw this video on the same day that it was announced that Mario Cumo will charge BOA over the Merill bonuses they handed out, and the Judge overturns the BOA - SEC settlement.
Forget credit cards for a moment, U.S. Banks have tried to bail themselves out of this mess they find themselves in by collecting a record $38.5 billion in overdraft fees so far this year.
I saw this video on the same day that it was announced that Mario Cumo will charge BOA over the Merill bonuses they handed out, and the Judge overturns the BOA - SEC settlement.
Forget credit cards for a moment, U.S. Banks have tried to bail themselves out of this mess they find themselves in by collecting a record $38.5 billion in overdraft fees so far this year.
Unfortunately I think this movement will be like those who wanted to boycott certain oil producers by only buying certain kinds of gasoline. The Credit Industry has made themselves a true blue American "crutch". A lot of people in South Texas anyway still are on a "cash only" lifestyle. It hurts them in the long run especially if they need something like a home or car.
Posted by: Patches | September 21, 2009 at 01:59 PM
Didn't Chris Dodd introduce something on Bank fees yesterday?
Posted by: Patches | September 22, 2009 at 09:04 AM