Detailed text transcripts for TV channel - MSNBC - 20100814:15:44:00
Let's get to the federal reserve and the options. you can opt in for the overdraft protection and who should do that and who should not? >> nobody should opt in. it is ridiculous, and absolutely ridiculous, but some of the banks are reporting 80% opt-in rate, because they are scaring the consumers to opt in and you are charged $30 to $40 per transaction when you go over. so when you opt in, you are agreeing to pay this ridiculous crazy fee. >> wait a second, what if you try with the atm and debit cards and you fry ttry to get money, you don't have money, you won't get a fee for trying? >> no, ...
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