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Even as Bank of America and other major lenders back away from charging customers to use their debit cards, many banks have been quietly imposing other new fees. Need to replace a lost debit card? Bank of America now charges $5 — or $20 for rush delivery. Deposit money with a mobile phone? At U.S. Bancorp, it is now 50 cents a check. Want cash wired to your account? Starting in December, that will cost $15 for each incoming domestic payment at TD Bank. Facing a reaction from an angry public and heightened scrutiny from regulators, banks are turning to...

Barack Obama, US president, offered more support for protesters against the global financial system after a weekend of demonstrations in cities around the world, but called on them not to “demonise” those who worked on Wall Street. On Sunday, Mr Obama honoured Martin Luther King at a dedication to a new memorial on National Mall in Washington. Referring to protests that have spread from Wall Street to London, Rome and elsewhere, Mr Obama said: “Dr King would want us to challenge the excesses of Wall Street without demonising those who work there.” Mr Obama had previously said the protests “express...

. . . . .NOTE:  This post will be constantly updated with more details throughout the Glenn Beck radio program.  Glenn has announced that copies of this have been delivered to JP Morgan Chase, the FBI, and the Justice Department.[youtube=http://www.youtube.com/watch?v=RvlvejSxBVQ&feature=player_embedded] "Steven Lerner, reported to have visited the White House on at least four separate occasions, formerly of SEIU and the architect of the SEIU's groundbreaking Justice for Janitors campaign.  He led the union's banking and finance campaign and has partnered with unions and groups in Europe, South American and elsewhere in campaigns to hold financial institutions accountable. As director of...

FULL Title - Former SEIU Official Reveals Secret Plan To Destroy JP Morgan, Crash The Stock Market, And Redistribute Wealth In America A former official of one of the country's most-powerful unions, SEIU, is detailing a secret plan to "destabilize" the country. Specifically, the plan seeks to destroy JP Morgan, nuke the stock market, and weaken Wall Street's grip on power, thus creating the conditions necessary for a redistribution of wealth and a change in government. The former SEIU official, Stephen Lerner, spoke in a closed session at a Pace University forum last weekend.

The Doofus Defense is under attack. As longtime readers know, I coined that term leading up to the trial of Enron executives Ken Lay and Jeff Skilling, who, facing criminal charges, suddenly claimed to be woefully ignorant of their company's actions. In the recent financial crisis, bank executives were among the biggest doofuses (doofi?). Most insisted they couldn't have seen the crisis coming. No one could. It was — cue the Wall Street cliché machine - "the perfect storm." Consider, for example, Lehman Brothers, whose bankruptcy precipitated the Great Recession in September 2008. Lehman's CEO, Dick Fuld, had one reported...

Hacker group Anonymous (aka OperationLeaks on Twitter) just released what they say is a trove of damning documents on Bank of America.You can find them here: bankofamericasuck.comRemember, at this point, we can't verify whether they are legitimate or not, but Gawker's Adrien Chen, who has sources within Anonymous, suggest there's something real to the leaks.Anonymous says the emails deal with BofA's mortgage practices, but the source is not an employee of Bank of America proper -- the source is a former employee from Balboa Insurance, a firm which used to be owned by BofA. Click here to see what Bank...

Hacker group Anonymous (aka OperationLeaks on Twitter) just released what they say is a trove of damning documents on Bank of America. You can find them here: bankofamericasuck.com

On the third Wednesday of every month, the nine members of an elite Wall Street society gather in Midtown Manhattan. The men share a common goal: to protect the interests of big banks in the vast market for derivatives, one of the most profitable — and controversial — fields in finance. They also share a common secret: The details of their meetings, even their identities, have been strictly confidential. Drawn from giants like JPMorgan Chase, Goldman Sachs and Morgan Stanley, the bankers form a powerful committee that helps oversee trading in derivatives, instruments which, like insurance, are used to hedge...

Between October 2008 and October 2010, the European Commission approved 4,589 billion euros, the equivalent of 45 years of Romanian GDP, of state support to banks. And this may not include all of the funding for financial institutions, because our overly generous Commission has not been too eager to count the cost of this policy. One thousand billion euros were spent in 2008 and 250 million in 2009. At the same time, the total for state support to all other sectors of the economy was only 73 billion (less than one sixtieth of the sum for banks). The figure for...

It has been fascinating to observe the reactions of anti-regulation zealots to the film "Inside Job." Many — including Paul Sperry in his Nov. 18 column on this page, "10 Reasons You Should Not Waste Your Money On Film 'Inside Job,'" — have resorted to constructing a sort of alternate economic history of the past 20 years. In this alternate history, the culprit behind the subprime mortgage meltdown and ensuing economic crisis wasn't deregulated investment banks or speculators taking absurd risks. Instead, it was the poor, aided and abetted by advocates like us at the Greenlining Institute who worked to...

"In France the last few weeks has been enough protest. Since demonstrating in the street have brought us nothing we understand that the real power lies in the hands of international banks and corporations. All citizens of the country resolve your accounts in cash.

The big banks claim that they have paid back all of the bailout money they received, and that the taxpayers have actually made money on the bailouts. However, as Barry Ritholtz notes: Pro Publica has been maintaining a list of bailout recipients, updating the amount lent versus what was repaid. So far, 938 Recipients have had $607,822,512,238 dollars committed to them, with $553,918,968,267 disbursed. Of that $554b disbursed, less than half — $220,782,546,084 — has been returned. Whenever you hear pronunciations of how much money the TARP is making, check back and look at this list. It shows the TARP...