In2 the banks…

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I saw how people were painting recent bank earnings as green shoots in the Obama garden. I saw today at FT that the banks have gathered up 38.5 BILLION in overdraft fees. I concede fee schedules is something the Obama administration has actually taken a stand on,I’m just saying maybe on the profit happiness scale it’s not as green as you think.

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2 Comments

  1. wickle says:

    That’s a brilliant point.

    NSF fees coming up might be good for banks, but it certainly isn’t a sign of economic health overall. Then again, maybe Pres. Obama has saved the country ten billion dollars in fees … ; -)

  2. Elric66 says:

    Im glad you can get a smile out of what Thuggy and his goons are doing to this nation.

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