The American banking system is like an intransigent child prankster: never giving up, constantly dreaming and scheming. Now the banks' schemes have to do with extreme (usery) rates and fees, and come-on gimmicks (false advertising and hidden small print traps) to bilk the public...who (us) expected cooperation from the banks after we (us) saved their rear ends. Our government, supposedly, is asking what's up with all this (Consumerist, April 13, 2009: ). The usual culprit banks are busily at work cheating the public, and being investigated, in this time of economic distress - Bank of America, CitiBank, Wells Fargo, etc.
The TARP system seems not to have anticipated these practices. But why not? After all, the whole TARP program was/is to rescue the public, and the bank system itself, from unregulated greed and shady practices. Time to get this issue of extreme fees under control.
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