How come banks are still overcharging while pretending to be 'reformed' ?

More news that needs to be repeated and seen, this one refers to only one MORE bank doing whatever they can for profits regardless of the costs in public confidence or trust of their customers, as they lose them to their greedy schemes to once more 'game' The American Public.

Must be that bank officials and owners think of the customer public as "stupid" enough and illiterate to keep on agreeing to their continual unethical maneuvers and newly created ways to CHARGE MORE in fees and take away prior promises of 'good services'.

Each bank or financial institution that plays these games AGAINST it's own earning-base, the customers that utilize their services instead of another businesses' [yes, banks and other financial groups are all just businesses with same frauds, fake promises, small print almost-illegal charges,and almost no regulation by what we hoped was OUR government agencies.


Here is another example, one of many that are more often now coming to light and into the news and awareness of us all:

Heard on NPR = KPCC radio on 8/12/2010, but also can be heard or read in their archives:

Pat Morrison's KPCC Guest: Leslie Parrish, Senior Researcher "Center for Responsible Lending" [see this non-profit's site below too]

http://www.responsiblelending.org/about-us/mission-history/

re debit & overdraft fees their article in general:

http://action.responsiblelending.org/site/PageServer?pagename=overdraft

and this org. just commended Bank of America for stopping this unethical over charging customers that other banks do ...like Chase definitely does ! = see

http://www.responsiblelending.org/media-center/press-releases/archives/ CRL-Applauds-Bank-of-America-s- Decision-to-Stop.html


[and yet....see a comment copied below about B of A doing this same charging anyhow from an individual writing KPCC blog ]and for more of KPCC's other people's comments are also located on this page=

http://www.scpr.org/programs/patt-morrison/2010/08/11/well-well-well-
wells-fargo-ordered-to-pay-203milli/


[this is a reposting of KPPC's pgrm description :]

"Searching for another reason to hate banks? How about Wells Fargo racking in $1.8 billion in overdraft fees? Rather than charging for bounced checks, the bank allowed customers to overspend their funds and tacked on hundreds of dollars in fees by manipulating the transactions from largest to smallest. A federal judge ruled on Tuesday that Wells Fargo owes its California customers $203 million, spearheading the way for federal laws regulating overdraft fees. But what does this mean for the other banks being sued for playing this same dirty game?"


[a comment found on KPCC page]=

by Cara "My experience is most banks utilize this manipulative practice. It is certainly the case with Bank of America and I am wondering why Wells Fargo has been singled out regarding this illegal practice? As a B of A customer, I utilize their on-line banking system and have had occasion to print the transaction page that includes your account balance with each transaction. Only to look on-line the following day (typically in the morning) to find each of the transactions from the previous day were re-ordered and paid differently - the final balance would be the same but the per transaction balance was different due to the re-ordering. If a customer has miscalculated at any point, the reordering of the transactions can create multiple overdrafts and the bank assesses fees accordingly. Why is only Wells penalized for this practice?"


[another comment says ]:
"Because the bank enters debits before credits, I got hit with NSF charges which takes an act of Congress to get reversed."


Lots of other comments commend the CREDIT UNIONS vs. big banks...or prefer smaller banks that treat them less egregiously.

see KPCC's site for other people's comments later or listen in today at about 1 pm to 89.3 FM..my favorite radio station...


surely Well Fargo bank is not the only bank doing this almost-fraudulent charging for what is not needed to prevent extra fees being charged.... and yes, other banks have "offered" and even pushed for getting consent to overdraft protections to better LINE THEIR POCKETS unnecessarily, as investigative reporters have now told us...because we don't even Understand the fine print...being as it is confusing and hard to read, most in legalese instead of plain English, done deliberating !!!


"No one outside ourselves can rule us inwardly. When we know this we become free. FEAR is always an anticipation of what has NOT yet come. GREED & FEAR are our national Pass-times.


(c) maryjanie 2010

Before "DEATH" it is time to plan, act, learn, help ....

This information for those who may need to be more responsible and take control over the life they have left this information is a doctor who talks openly and describes un-discussed topics well. He is well interviewed by best NPR person - Terry Gross and has written both an article in the New Yorker [august 2 2010] and a book too.

Here we have googled to get info, so select what you may want to share with anyone...even if they are not [yet] terminal but even with having any serious illness, cancer, old age.. No one ever knows how 'terminal' they are, or when their death-day emerges, suddenly sometimes, slowly at others.

It is much better to be aware, be prepared and become in charge - as best one can be. Before guilty-fearful-conformist relatives or the state government takes control and then it is too late to make one's one choices.

Choice is our word for "free will" too. As much as can be had at any given moment....

Do others a Favor too ! Share this information as you see appropriate. The actions taken and
the rest is up to each individual to take care of how they live or mess up the rest of what time is left

see
http://www.google.com/search?q=Dr.+Atul+Dr.+Atul+Gawande%3A+Make+End+Of+Life+More+
Humane+&start=0&ie=utf-8&oe=utf-8&client=firefox-a&rls=org.mozilla:en-US:official

and

http://www.scpr.org/news/2010/07/29/dr-atul-gawande-make-end-of-life-more-
humane/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+
893KpccSouthernCaliforniaNews+%28KPCC%3A+News%29

which describes the interview briefly in printed words

and to see Dr. Atul Gawande's words in an article, which may be on-line later :"his article "Letting Go" in the Aug. 2 2010 New Yorker magazine. [You can also have your own hard copy by buying the magazine or a subscription]

[a related but side issue was also noted on KPCC radio page:]
Montana 3rd state to allow doctor-assisted suicide (1/1/10)

Too bad CALIFORNIA was too scared though there were 45% of voters who said yes years ago when it was a proposition here..... but now we don't allow assistance to those who want to end their suffering with rational legal help.

They have to do it alone or lose control over the dignity of their own death. There is a site in Switzerland that was on PBS Frontline called "Dignitas" that considers and may assist a person who travels there for help in leaving this life with their own rational choices confirmed and honored.

We all know people who need assistance from those COURAGEOUS enough to face and talk about life and death OPENLY....vs. the usual common social taboos & fears and PC limitations to talking about what is so unwanted, feared, denied and made to seem and be much worse than need be...

[you may want to also see Becker's "Denial of Death" and the many books by Elizabeth Kubler-Ross ....as well as books more recently written describing Hospice & Palliative care too...available at your local library, bookstore or on-line ....and become educated....to help those you love and care for and yourself as well.]

We presume you, READER, are also one of these who Dare to Know and Act Honestly too , of course !

"No one outside ourselves can rule us inwardly.
When we kn ow this we become free. FEAR is always an anticipation of what has NOT yet come.
GREED & FEAR are our national Pass-times.

(c) Maryjanie 2010