The Banking Queen
Posted: Thu Feb 19, 2009 2:21 pm
This man should be a greeter at Wal-Mart.
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The Banking Queen
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Re: The Banking Queen
Posted: Thu Feb 19, 2009 2:46 pm
The real problem with America, is that a bonehead(or should I say bone up the arse) like him can ever get elected.
This man should be a greeter at Wal-Mart.
This man should be a greeter at Wal-Mart.
Re: The Banking Queen
Posted: Thu Feb 19, 2009 9:04 pm
AP IMPACT: Jobless hit with bank fees on benefits
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By CHRISTOPHER LEONARD, AP Business Writer Christopher Leonard, Ap Business Writer – Thu Feb 19, 5:00 pm ET
Jobs Forecast Looks Gloomy Play Video ABC News – Jobs Forecast Looks Gloomy
* NY job fair packed in tough economy Play Video Video:NY job fair packed in tough economy AP
Related Quotes Symbol Price Change
BAC 3.93 -0.64
C 2.51 -0.40
MCD 55.31 -1.10
USB 10.88 -0.14
WMT 50.45 +0.45
Recently unemployed engineer Arthur Santa-Maria poses for a photo Saturday, Feb. AP – Recently unemployed engineer Arthur Santa-Maria poses for a photo Saturday, Feb. 7, 2009 at a Bank of …
First, Arthur Santa-Maria called Bank of America to ask how to check the balance of his new unemployment benefits debit card. The bank charged him 50 cents.
He chose not to complain. That would have cost another 50 cents.
So he took out some of the money and then decided to pull out the rest. But that made two withdrawals on the same day, and that was $1.50.
For hundreds of thousands of workers losing their jobs during the recession, there's a new twist to their financial pain: Even when they're collecting unemployment benefits, they're paying the bank just to get the money — or even to call customer service to complain about it.
Thirty states have struck such deals with banks that include Citigroup Inc., Bank of America Corp., JP Morgan Chase and US Bancorp, an Associated Press review of the agreements found. All the programs carry fees, and in several states the unemployed have no choice but to use the debit cards. Some banks even charge overdraft fees of up to $20 — even though they could decline charges for more than what's on the card.
"They're trying to use my money to make money," said Santa-Maria, a
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o Technorati
o Yahoo! Bookmarks
By CHRISTOPHER LEONARD, AP Business Writer Christopher Leonard, Ap Business Writer – Thu Feb 19, 5:00 pm ET
Jobs Forecast Looks Gloomy Play Video ABC News – Jobs Forecast Looks Gloomy
* NY job fair packed in tough economy Play Video Video:NY job fair packed in tough economy AP
Related Quotes Symbol Price Change
BAC 3.93 -0.64
C 2.51 -0.40
MCD 55.31 -1.10
USB 10.88 -0.14
WMT 50.45 +0.45
Recently unemployed engineer Arthur Santa-Maria poses for a photo Saturday, Feb. AP – Recently unemployed engineer Arthur Santa-Maria poses for a photo Saturday, Feb. 7, 2009 at a Bank of …
First, Arthur Santa-Maria called Bank of America to ask how to check the balance of his new unemployment benefits debit card. The bank charged him 50 cents.
He chose not to complain. That would have cost another 50 cents.
So he took out some of the money and then decided to pull out the rest. But that made two withdrawals on the same day, and that was $1.50.
For hundreds of thousands of workers losing their jobs during the recession, there's a new twist to their financial pain: Even when they're collecting unemployment benefits, they're paying the bank just to get the money — or even to call customer service to complain about it.
Thirty states have struck such deals with banks that include Citigroup Inc., Bank of America Corp., JP Morgan Chase and US Bancorp, an Associated Press review of the agreements found. All the programs carry fees, and in several states the unemployed have no choice but to use the debit cards. Some banks even charge overdraft fees of up to $20 — even though they could decline charges for more than what's on the card.
"They're trying to use my money to make money," said Santa-Maria, a