this post was submitted on 16 Aug 2024
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Banks Are Now Accused of Cheating Customers Billions (franknez.com)
submitted 1 month ago by [email protected] to c/[email protected]
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[–] [email protected] 2 points 1 month 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?