Videos: Hidden Bank Practices Regarding Deceptive Fees

From Denny: This will get your blood boiling fast for sure! Educate yourself how to handle your banking relationship as American and European banks work overtime to make the consumer pay for the bank's bad investment choices.

Note: Royal Bank of Scotland took bailout money from two countries - America and the United Kingdom and then had the nerve to tell everyone they were refusing to loan any money to the same taxpayers, preferring to apply the bailout money to its profit line.

There are several videos on this subject to give you an overview of how the banking trend has been developing for some time and appears to not to be going away any time in this generation unless the public gets serious about pushback.


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Why are banks raising their fees? This was reported 17 July 2009 and explains the banking position which Americans are so angry about getting caught in like a vice grip:


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This was reported at the beginning of American ire against the banks right after the taxpayer bailouts infuriated everyone:


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This video goes all the way back to 10 June 2005, discussing bank fees. Note that this is about 10 months after Hurricane Katrina hit, causing economic devastation that reveberated throughout the economy. Banks have been getting to the consumer for five years now!


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Note: The reason I use NBC News and CNN videos the most is that they do a better job than CBS News by taking care of their links and keep the stories up longer. Apologies to anyone who finds sometimes these two older CBS videos might not work.