NBC Evening News for Tuesday, Nov 01, 2011
View other clips in this broadcast →
Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws. For any such use, please visit NBC NEWS Archives XPRESS.
(Chevy Chase, Maryland: Tom Costello) The announcement by Bank of America that it is backing down on debit card fees after a wave of consumer backlash examined; BOA statement quoted; details given of warnings about “stealth fees.” [Occupy Wall Street PROTESTOR, Los Angeles RESIDENT, WOMAN – react.] [CNBC’s Sharon EPPERSON- says this is a huge win for consumers.] [Senator Richard DURBIN- urges customers to move to banks that aren’t driven by greed.] [Consumer Banking Assn. president Richard HUNT- notes the cost to the banks from the Durbin amendment limiting charges to merchants.]
Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.
Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:
If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.