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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Skywatcher who wrote (86742)9/21/2007 3:11:51 PM
From: Gemlaoshi  Respond to of 110194
 
Soaring fees fatten banks' bottom line

When the South Carolina legislature tried to rein in the outrageous fees of payday lenders, they discovered they were inadvertently stepping on the toes of banks operating in the state. I understand the legislation died because the bankers refused to back it.

statehousereport.com



To: Skywatcher who wrote (86742)9/21/2007 3:51:40 PM
From: Lazarus_Long  Respond to of 110194
 
Where did you get the idea that banks are in business to lose money?