1. Bank of America to Start Charging Debit Card Fee
... has experienced this year. Shares are down 44 percent for the quarter. Additionally, the bank faces multibillion-dollar lawsuits and financial losses from its questionable mortgage practices during the housing boom (Halzack). Bank of America's decision stems from Senator Richard Durbin's bill that overhauled the banking system by capping the amount of money that banks can charge stores for debit card uses. ... on cable news channels. Gerri Willis from the Fox Business Network personal shredded her own Bank of America debit card on air, claiming, "Right here, right now, I'm going to show B...
- Word Count: 395
- Approx Pages: 2
- Has Bibliography