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Detailed text transcripts for TV channel - MSNBC - 20130704:03:32:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20130704:03:32:00

Active payroll cards worth $34 billion. it's easy to see how the fees on billions of dollars can easily reach the hundreds of millions up to a billion dollars or more per year. everybody is making money off of it, except the low wage hourly employee who is losing money from the deal. sometimes so much so they are effectively reduced to sub minimum wage according to advocates and state and federal regulators. this heinous practice persists. there are three parties, the employee, the employer and the bank. and two of those three are making money off the deal, but not the working stiff. not all h...

Detailed text transcripts for TV channel - MSNBC - 20130704:00:33:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20130704:00:33:00

Not the working stiff. not all hope is lost. there is the case of natalie gunshannon who made $7.44 an hour. she had no choice but to use the payroll card, she quit and sued. just this week, the owner of the mcdonald's franchise changed their policy to offer direct deposit and paper checks. there is eric schneider man, a gift of the show, who sent letters to 20 employers, requesting information about the practice. we're concerned about excessive or insufficiently disclosed fees which may unduly reduce employee's take home pay. the question is whether these fees, particularly when there is no c...

Detailed text transcripts for TV channel - FOXNEWS - 20130514:23:45:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20130514:23:45:00

Kent from the fox business network from their studios in new york. hello. >> hi, shep. the baggage and change fees have returned the entire airline industry to solvency. that's how much they are making off passengers these days. take a look. delta took in the most. about $866 million from bags alone. averaging $7.44 a pinner. delta also flew the most passengers. now, swefts, which is famous for its bag fly free policy and doesn't charge any change fees is tweaking its policy, too. they are saying passengers who buy their cheapest fares must cancel ahead of departure if they want that credit. o...