Tag Archives: fees

When the banks whine, watch your wallet

Big banks have done lots moaning lately. Every day, it seems, bankers are boo-hooing
PAULSON+MONEY.jpgabout financial regulations cutting into their profits. The bigger the bank the louder the sobs.

To replace lost revenues banks are charging new fees and eliminating services that previously were free. Sometimes the new fees spark a hail-storm of protest and the banks back off. Like last year’s failed debit card fee.

But are the banks really as bad off as they want us to believe?

In a word, no.

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Drug makers pay big money to East Tennessee docs

Dozens of East Tennessee doctors have received millions of dollars in fees from major drug
Earns Eli Lilly.JPGcompanies in recent years, according to an updated report by the ProPublica public interest website.

Some East Tennessee doctors each were paid $50,000 to $100,000 by AstraZeneca, Cephalon, Eli Lilly, Pfizer and other pharmaceutical companies, according to the “Dollars for Docs” update published Wednesday. A total of more than $20 million went to doctors throughout Tennessee from 2009 to 2011.

Payments include speaking and consulting fees, research, travel and meal costs.

Is your doctor on the list?

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Watch your wallet — more airline fees

Never underestimate the airline industry’s ability to pick your pocket.

Spirit Airline, a discount carrier, announced it will start charging a new fee — up to $45 each way for carry-on bags.

Spirit, which mostly flies between the Southeast U.S. and Latin America, says the fee will be charged for bags that go in the overhead bin. If you can cram the bag under the seat, there’s no charge.

The fee will help empty planes faster, Spirit CEO Ben Baldanza said.

Gimme a break. It’s a money grab.

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