Bank of America’s CEO defended his bank’s new $5 fee on debit cards on Wednesday, saying that customers and shareholders understand the bank has a “right to make a profit.
BofA’s Moynihan: We have a ‘right to make a profit’
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We give you OUR money, you get to use that money to make money by lending it to people. We should not have to pay you for giving you OUR money.
C’mon banksimple.com give me an account already.
Source: CNN
