34 ordspråk av Ed Mierzwinski

Ed Mierzwinski

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As for the consumer, I think the savings is diminished compared to how much more the bank will make in these transactions. They are trying to increase the use of debit cards to increase their profits.

I'm encouraged that some issuers are doing this. I think penalty fees are a disingenuous way of making money. I'm encouraged the marketplace is responding to pressure from lawsuits and consumer complaints.

It wasn't the largest breach, but it showed a stunningly sloppy business model.

If you have someone doing the paper shuffle -- sign here, sign here, sign here -- there is tremendous opportunity for mischief.

Rather than voting to protect consumers, the Committee made things worse. All consumers should have the right to sleep at night without worrying about identity theft -- this bill takes us in the exact wrong direction.

Their score is based on their sloppy credit reports and doesn't fix the underlying problem with the reports.

It doesn't hurt to overreact, but it's not worth it to obsess.

Consumers will have fewer choices and they will pay higher prices.

Money talks and the phone companies know that.

Bank mergers take away competitors and create bigger banks. The studies that we have done show that bigger banks have bigger fees.

The big cost is the emotional trauma.

If it's worth some peace of mind for some people, for $25 a year, I'm not going to tell you not to do it.

It doesn't sound like it will help very many people. And that's the bottom line.

You can complain to a small bank, but you can't always complain to a big bank. When you talk to people at a small bank, they actually have the authority to make decisions.

Gift cards are popular because you don't have to buy a gift, ... You just have to know where they like to shop.

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