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Non-Tech : Banking Plays: LT and ST

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To: jlallen who wrote (21)11/10/1998 9:25:00 PM
From: lazarre  Read Replies (1) of 32
 
JLA,

Hey, my friend, where have you been? I know, tryin' to figure out what happened last Tuesday :-).

I don't know...I bailed out of Webster Bank after they discontinued free checking with minimum balances of $500 and went to another bank that offered unlimited, unrestricted free checking till 2001.

But I'm a penny pincher and know more people than I who pay these incremental and stealth fees either because they don't care or they don't know. Me....I go nuts when I get nickled and dimed. Hard to think that banks are generating substantial dough with these fees but, I guess, a nickle here and a dime there, etc.

Interested, JLA, in your opinion on this flattening yield curve theory and its supposed delitirious effects on the banking industry.

L
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