Fri, Oct 14, 2011 -- 9:00 AM
New Fees Prompt Calls for Bank DivestmentDownload audio (MP3)
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
- 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