Reuters Blogged the Doc
Felix Salmon, a Reuters blogger, linked to the short version of the film that aired on Current TV.
Felix Salmon, a Reuters blogger, linked to the short version of the film that aired on Current TV.
This is big-ish news. B of A and Chase are moving in the right direction on their overdraft fee policies, though they still have a loooong way to go. Here’s a link to the main article in the New York Times. And here are some thoughts on specific bits of the story.
The moves come as [...]
Over at Digg.com they’ve teamed up with the Wall Street Journal to ask Treasury Secretary Geithner some questions this Thursday the 20th. Reproduced below is my question. If we Digg it up enough, it will get asked…
“Given the massive bailouts to the banks, how can you allow the predatory practices with which the [...]
This happened back in November but I just noticed that they put it up recently. These guys can be pretty harsh critics, so I was pretty happy with their review. They gave one of my favorite films, “Donnie Darko”, two stars, for example. And they had this to say :
“Like many films of this ilk, [...]
This happened a while ago, but it just came back onto my radar screen recently.
You can read the magazine for free online here (it’s a 4+ MB .pdf, so be forewarned):
https://content.usaa.com/mcontent/static_assets/Media/u25_2008_fall.pdf?cacheid=1463153715?SearchRanking=3&SearchLinkPhrase=overdrawn
Click on “Don’t Throw Your Money Down the Drain” on the left hand side once the .pdf loads.
It’s had three different numbers over the last few years, but it’s chances of actually getting passed are now better than ever. Rep. Carolyn Maloney (who we interviewed for the film) re-introduced her Consumer Overdraft Protection Fair Practices Act in the new Congress a week and a half ago and it’s moving through the pipeline.
So [...]
This hasn’t made the mainstream press much, probably because it’s been drowned out by bigger stories, but Bank of America settled an overdraft class action lawsuit for $35 million in September of last year. I’m going to call the attorneys and B of A next week and update this entry with more info, but what you need to [...]
I recently got this email from someone who watched Overdrawn! and was inspired to take action. She works as a Case Manager in Washington State:
“A client of mine owed a huge amount of money to her bank; much of this was due to the bank allowing her to repeatedly overdraw her account, charging her up [...]