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Wednesday, February 22, 2012 - 11:37am
Banks Could Lose Billions in Overdraft Fees
America's biggest banks stand to lose billions of dollars in annual revenue if an investigation of overdraft fee policies by the U.S. Consumer Financial Protection Bureau finds that the banks' business practices are harmful to consumers. The agency is looking into how banks like JPMorgan Chase...
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Munger: Megalomania, Insanity Caused Financial Collapse
Saturday, July 2, 2011 - 10:23amCharles Munger, vice chairman of Berkshire Hathaway (NYSE: BRK-A), is known for telling it like he sees it. At a Pasadena conference on Friday, he had a few words to say about financial sector collapse of 2008. "The bubble in America was caused by some combination of megalomania, insanity and evil...
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