this post was submitted on 16 Aug 2024

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Banks Are Now Accused of Cheating Customers Billions (franknez.com)

submitted 2 months ago by bot@lemmy.smeargle.fans to c/hackernews@lemmy.smeargle.fans

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[–] Pistcow@lemm.ee 4 points 2 months ago

Just now!?

[–] The_Che_Banana@beehaw.org 2 points 2 months ago

The SEC’s probe is aimed at uncovering whether this was a deliberate strategy by the banks to boost their own profits at the expense of their clients

Uhhhhhh...thats what banks do? Right? I mean, they wouldn't exist if they couldn't manipulate you out of your money, keep your money, create rules so they get more of your money?

[–] BlackJerseyGiant@beehaw.org 1 points 2 months ago

Thanks, Captain Obvious!!!