A Moment Of (Banking) "Clarity"

[Mr. Shaman]

It's lookin' like the banks are (finally) being put-on-notice....along with Judges who're (finally) feeling they're no-longer tilting at windmills!!!!

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"A federal judge has ordered Wells Fargo Bank to reimburse more than one million of its California customers $203 million in wrongfully assessed overdraft fees - the culmination of a class-action lawsuit initiated by Inland Empire residents.

U.S. District Judge William Alsup of the U.S. District Court's Northern District of California in San Francisco handed down his ruling late Tuesday. He said "profiteering" and "gouging" were the true motivations behind the banking giant's practice of processing checks, debit card transactions and bill payments from the highest dollar amount to the lowest, rather than in the order the transactions took place.

Judge Alsup ordered Wells Fargo to stop posting transactions in high-to-low order by Nov. 30 and to reverse overdraft fees charged to customers from Nov. 15, 2004, to June 30, 2008."

Yep!! You can tell everyone's recognizing there's a NEW Sheriff in the Oval Office....and, rip-offs are no-longer the Status Quo!!!!!!!

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[Oddball]

Yeah...Yet another leftist nutbar judge, who thinks that his black robe makes him a mind reader.

Whoop-de-doo...Wells Fargo will just find another way to make money, as people in profitable businesses always do.

 

[Truthmatters]

So protecting the people from dispicable business practices is NUTBAR to you?

 

[Oddball]

No, guessing as the the motivation for accounting practices is.

I guess the bench is branching out from their "hate crimes" carnival sideshow mind reading act.