With stories like this, why does anyone trust big-banks claims about Durbin? – Retail Industry Leaders AssociationRetail Industry Leaders Association


Yet respected members of Congress like U.S. Senators Tester and Corker are buying into big-bank cries that they somehow deserve their $48 billion annual windfall from swipe fees on the backs of America’s feed stores and coffee shops, a revenue number that is 10 times what it costs those megabanks to process debit transactions.

via With stories like this, why does anyone trust big-banks claims about Durbin? – Retail Industry Leaders AssociationRetail Industry Leaders Association.

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