$Stock*Shop*Charts*News*Option$

[Tuff-Stuff]

>The CFPB's Richard Cordray says that the agency is launching an inquiry into the policies of banks on checking account overdrafts. At issue: Do banks withdraw larger checks before smaller checks in order to run up fees? At risk: An estimated $38B in annual overdraft fees.

Cordray Announces U.S. Inquiry Into Bank Overdraft Policies
By Carter Dougherty - Feb 22, 2012 12:00 AM ET

http://www.bloomberg.com/news/2012-02-22/cordray-announces-u-s-inquiry-into-bank-overdraft-policies.html