Incredible: Dick Durbin urges run on Bank of America

The Washington Times | October 4, 2011

“Durbin blocked [the banks] by tacking a controversial amendment onto Dodd-Frank as it passed, capping the banks’ per transaction fees for credit and debit card purchases. BoA’s announced $5 fee was transparently an end run around the per-transaction requirements, but what are these guys supposed to do to generate some black ink?”

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