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Deleveraging Continues

As leveraged assets go down in value, the leverage multiples go up. Adding to that multiple is the falling dollar and the fact that these assets are in reality debt deposits, not cash deposits, that were passed on in different forms to be leveraged over and over.

-Minyan Jim

Economic Snapshot: What Questionable Fees Are Banks Introducing?

Minyanville Staff Aug 29, 2008 8:45 am


	Our unscientific poll.

As stockholders sweep up the remnants of IndyMac and the FDIC continues to add to its list of troubled banks (Wachovia (WB), Washington Mutual (WM) and Zions Bancorp (ZION)) financial institutions have been forced to adopt odd charges to make up for their losses. Minyanville asks the pressing question: What questionable fees are banks introducing?

Tags: CHECKING, PROBLEMS, CHECKS, FREE, HUMOR, JOKE, FEES, ATM, INDYMAC


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