I’m sure this is an effort to make up for frozen money not earning anything right now.
A friend said Washington Mutual has a new policy, and a price-gouging one.
It is starting a $5 surcharge if the person to whom you write the check does not cash or deposit it at your bank. Not to you, to the "presenter" of the check.
Geez o pete. Well, that will at least puff the bottom line for WaMu's eventual buyer, JPMorgan Chase.
A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
Note: Labels can help describe people but should never be used to pin them to an anthill.
As seen at Washington Babylon and other fine establishments
September 29, 2008
WaMu getting more creative with surcharges
Labels:
credit crunch,
Washington Mutual
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