BoaDebitCardFee

Why All of Us Might Pay for BoA's $5 Fee

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?

What Was Wall Street Thinking Last Week?

Last week's most puzzling moves included Bank of America turning ingrate on its debit card users -- who also pay taxes, and hence bailed BoA out -- Oracle's Larry Ellison and HP writing a new chapter in their feud, Warren Buffett opting for a stock buyback, and Sony refusing to pay for 3-D glasses.