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Banks Robbing Customers Blind

If you’re sick and tired of the fees banks charge then you’re not going to like this. JP Morgan Chase is testing 5-dollar ATM fees for non-customers. They’re initially trying it in Illinois, but if the tests are successful they’ll apply the five-dollar fee nationwide!

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Jamie Dimon Defends Banking Industry

Jamie Dimon stands up for bankers. JP Morgan Chief Executive Jamie Dimon lashed out against “banker bashing” at the World Economic Forum in Davos, Switzerland. The Wall Street exec claims that not all US banks required government bailout money, and expressed his frustration over the negative portrayal of banks in the media. He said some institutions, including his own, actually helped stabilize the economy after the meltdown.

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