Comments on: Why Are Banks Raising Fees?

As Citigroup and Bank of America Post Huge Profits, Why Are Bank Fees Going up?

[xlib]

Because it's called "sharing the wealth". See, those who got the subprime loans, thanks to the Community Reinvestment Acts of the 70's &n 90's, really should not have been given those loans.But hey, it's only fair.
Remember, it's all about sharing the wealth. Now, go out and work, pay taxes to make up for the 47% who don't pay taxes.

[xlib]

And wasn't it the dems in power in congress right there?? Do think so. Why, I remember my own chuckie schumer coming out (he wasn't reduced to tears like at the sotomyor hearing)about how something needed to be done. See, you dems keep ignoring your own party's part in all this mess. Looks like to me that your thug administration is really enjoying this whole meltdown.
As for AIG, well, I do believe that congress has/had a big part in that whole mess.
And, if the first bailout was so gosh awful why are the subsequent bailouts and take overs good now??
Typical libtard reasoning.

[RCC_Soldaten]

Greed - Corruption and a Lack of Faith

[ubrew12]

They raise fees because of a lack of competition. The entire finance sector overreached itself, the entire sector fell flat on its face, but only certain banks were picked back up by the government (no questions asked!), the others were left to die.

Lack of competition: the lucky 'survivors' can now charge whatever they want.

[John_Merritt]

'As Citigroup and Bank of America Post Huge Profits, Why are Bank Fees Going up?'

SIMPLE ANSWER: Because they can.

[sd92129]

Can someone tell me why these corporate goons are not sharing a prison cell with Bernie Madoff? The banks are ripping off the public just as he did!

[tbbaot]

When Washington delayed the banking bill until next year, they gave banks the time they needed to figure ways to go around the changes. This was done on purpose after closed door meetings with the bankers. The bill was supposed to make Congress appear on the side of citizens when in reality it's the bankers they serve.

[clarkalex]

Someone want to tell my why people still do business with Bank of America? These crazy fees from BoA are nothing new. There's been a lot of press about BoA and their arrogance. WHY HAVEN'T YOU MOVED YOUR ACCOUNTS TO A DIFFERENT BANK???
Stop doing business with BoA and Citigroup. Get off your behinds, do a little research and a little legwork and find a local bank that doesn't do all this crazy stuff. There are plenty out there.

[tmittelstaed]

Why? I have all my banking with Bofa and as I posted earlier it's been years since I've paid any bank fee other than mortgage interest. Just keep a decent balance in your account, there's no trick to it.

[grabandgo]

nobama anbd tax cheat timmy gave these banks a green light to do whatever they want. We are now living in the nobama nation

[scottyusa]

The stimulus and bank bailouts was the biggest hoax yet. The banks have done nothing but screw their good customers. They are not interested in fixing anything. It is all about profit. I for one use a credit union. The banks can go to hell