You’ve probably noticed you’re getting next to nothing for giving your money to your local bank, which in turn, could lend it out and get a higher interest rate than what you’re getting. There’s money in the middle-man business. Read more →
MPR News Reflections and observations on the news
Tag: Banking
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U.S. Bank is asking for a better deal at Minneapolis-St. Paul International airport, where 35 million passengers a year are a “captive audience” but the bank still can’t make money charging people for money. Read more →
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People lost their homes. Taxpayers lost millions covering the loans. U.S. Bank lost some petty cash and didn’t admit it did anything wrong. That’s the problem.
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