BankBailouts

Last week, Bank of America ignited a firestorm of controversy by choosing to charge its customers $5 a month to use their debit cards. Now, an angry consumer group has called for a federal investigation. Is this overkill or a smart response to what could be a budding disaster for the bank -- and taxpayers?

There's a particularly juicy rumor gaining steam that the Obama Administration plans to tax banks to recoup taxpayer-funded bailouts of banks and more. "I think it's a perfectly reasonable idea," Douglas Elliott, a fellow at the Brookings Institution, a think tank, told WalletPop. "Clearly there...

Bank of America is one of the worst companies on the planet, making the Medellin Cartel look like Trader Joe's by comparison. Yet for some reason the United States taxpayer has been told that he must send in cash to be poured into the company's coffers to help it pay its dividend and avoid a...