Obama doesn't like BAC's debit card fees...

Pres. Obama weighs in on Bank of America's (BAC) new debit card fee: "You don't have some inherent right just to - you know, get a certain amount of profit... You have to treat [customers] fairly and transparently." The banking industry reacts: "As a direct result of the Durbin Amendment, consumers have started paying for financial services they previously enjoyed free of charge."