Is Consumer Stupidity Incurable?

September 21, 2011 by  
Filed under Fools of Finance

I saw this headline and had to comment: Banks continue to rake in huge amounts in overdraft fees.

Wait – it gets worse when you read the specifics: Banks and credit unions received $30.8 billion in overdraft fees in just the first 6 months of 2011.

That’s $30.8 BILLION! Read more