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Fri, Oct 14, 2011 -- 9:00 AM
New Fees Prompt Calls for Bank Divestment
Mario Tama/Getty
Bank of America's decision to charge customers a $5 monthly fee to use their debit cards has ignited controversy and provoked calls for divestment from the bank. But bank officials say a new law forced their hand. We discuss the change. What can consumers do about increased fees?
Host: Dave Iverson
Guests:
- David Lazarus, business columnist for The Los Angeles Times
- Gina Gates, leader of the Most Holy Trinity PACT (People Acting in Community Together), a coalition of churches, synagogues and mosques working on social issues
- Jim Wilcox, professor in the Haas School of Business at UC Berkeley
- John Berlau, director of the Center for Investors and Entrepreneurs with the Competitive Enterprise Institute
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Also, please note that your comments could be read on air. We may edit them for clarity or brevity, and we will use only your first name to identify you on the air.
