Banks Announce New Plan To Steal Your Money

More at http://www.airamerica.com
Bank of America has announced that it will begin charging an annual fee ranging from $29 to $99, even if you have no balance or have paying off your balance in full every month. It's not just credit cards. Banks like Wachovia are now charging fees to their customers who have a savings account! Inactivity fees, dormancy fees, maintenance fees..banks are charging all kinds of fees to make money on top of the money they're already making for holding your money! Amazing!

Carmen Wong Ulrich, personal finance expert and host of CNBC's "On The Money", joins Montel to discuss the latest barrage of fees from banks and credit card companies, and what to do to both avoid fees and where to put your money.

Listen to a portion of the interview below and check out the full interview to hear Carmen's advice on the job market, the financial markets, and President Obama's handling of the recession going forward. The full interview is available here http://airamerica.com/ondemand/10-21-2009/the-full-interview-with-carmen-wong...

Category:

News & Politics

Tags:

• bank of america fees
• money
• banking
• accounts
• wachovia
• montel williams
• radio
• commentary analysis
• CNBC
• Carmen Wong Ulrich
• On the Money

[wildpeachatl737]

They make a great point and suggestion. America, there is no business "to big to fail" and you need to stop emowering those who are STILL screwing you over. Shop around and move your money elsewhere and use credit cards sparingly or bettet yet, not at all. Look at your local banks and credit unions, the ones who DID do the right thing by being a responsible lender. Your life as you know it won't end and we can't continue to feed the beasts anymore.

Wake up, America!

[NylaRossini]

America is slowly bleeding to death........

[cheapcape]

Banks are corrupted, no secret, but sheeple need to realize AAR is part of corporate America and are just as corrupted.

[ModernPatriotsUnited]

Like most other banks,BOA is simply targeting lower income/low credit rating card holders for the "privilege" of having a high risk credit line. It's nothing new. Just don't use CCs! It's easy.

[azothdaco]

BANK OF AMERICA PAYS 0 TAXES!!!!!

[ADubbFromDaH]

i just took all my money out of Bank of America.... and canceled all my accounts and crap with them before they could hit me with the charges.... fucking snakes

[househeadericmd]

America is sinking into HELL!!!! Hide your money in a safe in your backyard!!! Banks are a bunch of blood sucking greedy CUNTS!!!