It’s not news that banks search for ever-sneakier ways to glom onto your money. But sometimes their methods can be breathtaking in their audacity. For example, the recent Pew Charitable Trusts study of bank checking account policies showed that the length of disclosure statements have decreased since 2010 to a median length of 69 pages.
I remember reading that Mitt Romney thinks these abuses can be regulated by the action of the free market but he — and the banks — can Bite Me.
Read the Pew report.