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Congress Granted FDIC no Authority to Collect Bank Fees 1996-2006

The following excerpts are from a piece written today in Boston Globe. Reading through a well-written article one can not help but notice and recognize the unfortunate and rather shocking facts of our government’s level of negligence, incompetence and shortsightedness. Last week the Federal Deposit Insurance Corporation [FDIC], the insurer of our nation’s bank deposits, asked [...]
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