CTUSA - Mississippi teen pleads not guilty in hate crime case

http://www.cnn.com/2011/09/30/justice/mississippi--hate-crime/index.html?hpt=hp_t1



Jackson, Mississippi (CNN) -- A white Mississippi teenager accused of murdering an African-American man in a hate crime pleaded not guilty in his arraignment Friday.
Deryl Dedmon, 19, is charged with capital murder and a hate crime in the death of James Craig Anderson, stemming from an incident involving a gang of white teenagers who allegedly attacked Anderson early in the morning of June 26.
Dedmon showed no emotion, expressed no remorse, and made no further statements at the hearing before Hinds County Circuit Judge Jeff Weill Friday morning.

CTUSA - U.S. stocks ended significantly lower Friday as a lousy quarter winds down

http://money.cnn.com/2011/09/30/markets/markets_newyork/index.htm?iid=Lead

NEW YORK (CNNMoney) -- Stocks ended a dismal quarter with heavy losses Friday as investors remain worried about the debt crisis in Europe and the outlook for global economic growth.
The Dow Jones industrial average (INDU) fell 240 points, or 2.1%, according to early tallies. The S&P 500 (SPX) slid 30 points, or 2.5%, and the Nasdaq Composite (COMP) fell 65 points, or 2.6%.
The losses capped the biggest quarterly drop for the S&P 500 and the Nasdaq since the fourth quarter of 2008. The S&P 500 lost 14% and the Nasdaq fell 13% over the last three months.
The Dow fell 12% in the quarter, marking its worst quarterly performance since the first quarter of 2009.

CREDIT TALK USA Worldwide LIVE: CTUSA - CHASE BANK HAS NO PLANS TO FOLLOW BOA

CREDIT TALK USA Worldwide LIVE: CTUSA - CHASE BANK HAS NO PLANS TO FOLLOW BOA: As of last week I spoke to A Vice President at Chase bank and it was confirmed that Chase bank has NO PLANS follow Bank of America;s chargi...

CTUSA - CHASE BANK HAS NO PLANS TO FOLLOW BOA

As of last week I spoke to A Vice President at Chase bank and it was confirmed that Chase bank has NO PLANS follow Bank of America;s charging $5.00 fee for all debit cards..

http://abcnews.go.com/blogs/business/2011/09/bank-of-america-hits-debit-card-users-with-5-fee/

Bank of America will slap a $5 monthly fee on some customers who use their debit cards to make purchases starting early next year, reports Dow Jones Newswires.
“The economics of offering a debit card have changed with recent regulations,” a spokeswoman told Dow Jones.
Most basic checking accounts at BofA will see a 40 percent jump in monthly costs and the bank says the debit fee will be waived for customers that upgrade to “premium” accounts which require higher minimum balances.
In October, the Dodd-Frank financial reform law will lower “interchange fees,” which is the amount banks can charge retailers for debit transactions. Fees for retailers will shrink from 44 cents to a cap of 24 cents, which has led some debit card issuers to seek other ways to make up that revenue.
“This new fee allows us to continue to offer the convenience of a debit card with the full range of added features customers have come to expect,” including fraud protection and monitoring, special savings programs and other services, a bank memo stated, according to Dow Jones.
Until this BofA decision, less than 2 percent of checking accounts charged a monthly or annual fee for using a debit card, says Bankrate.com. The multinational bank serves one in two households in the United States, according to its 2010 annual report.

CTUSA - Sen. Dick Durbin, D-Ill. NOT HAPPY WITH BOA OVER $5.00 FEE

http://www.foxnews.com/politics/2011/09/30/durbin-slams-bailed-out-bank-america-over-ne/-debit-fee/

A top senator slammed Bank of America after the company, one of the largest recipients of U.S. taxpayer bailouts, announced it would charge customers a new $5 monthly fee for using their debit cards -- even if just to buy a $2 coffee.

Though the bank does not plan to charge customers for using the ATM, the fee would be triggered on a monthly basis if shoppers use their debit cards to make any purchase.

"It's overt, unfair and I hope their customers have the final say," Sen. Dick Durbin, D-Ill., said.

An industry representative said such fees may become more prevalent as banks try to make up for lost revenue from a different kind of fee that will be capped under a new set of financial regulations.

But the Bank of America decision drew outrage for several reasons. The company is the largest U.S. bank by deposits. And it reaped $45 billion in federal bailout money -- receiving the first chunk in 2008 and the rest in 2009 to cope with losses at Merrill Lynch.

CREDIT TALK USA Worldwide LIVE: CTUSA - Show yesterday

CREDIT TALK USA Worldwide LIVE: CTUSA - Show yesterday: NO MORE FREE CHECKING ACCOUNTS FOR MOST!!!!! by CREDIT TALK USA in Finance on Thu, Sep 29, 2011 NO MORE FREE CHECKING ACCOUNTS FOR MOST...

CTUSA - Show yesterday

NO MORE FREE CHECKING ACCOUNTS FOR MOST!!!!!

• by CREDIT TALK USA
• in Finance
• on Thu, Sep 29, 2011

NO MORE FREE CHECKING ACCOUNTS FOR MOST!!!! Overall, 60 percent more noninterest accounts carry fees and balance requirements than they did last year. Gone are the days when free checking was a given. Fees are up, and less

LISTEN LIVE BELOW:

http://www.blogtalkradio.com/credittalkusalive/2011/09/29/credit-talk-usa-live