The other day I summarized a National Consumer Law Center report showing how some banks–particularly US Bank and JP Morgan–are screwing those who receive unemployment funds on debit cards with exorbitant fees. WSJ did a story on the report, too, with this appalling detail. Banks are barreling into the business, led by J.P. Morgan Chase [...]
US Bank Plans to Make Up Profit on Swipe Fees by Screwing the Unemployed |
| By: emptywheel Monday May 16, 2011 1:27 pm |


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