Quote:
Originally Posted by Ron Pilger
To put in bluntly, I got screwed.
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You sure did. Seems that all the small banks are gone, bought up by the slightly larger banks, which are bought up by the next larger banks, etc. until there are nothing but mega banks left. and in the words of Ernestine the telephone operator, "We don't care, we don't have to".
There's precious little to be made off interest these days, so the banks are inflating every fee as far as it will go to keep them fat and happy.