Quotes by Edmund Mierzwinski

“Identity theft is a huge problem, and every number and indicator shows that its on the rise. This is not a question of six degrees of separation -- everybody knows somebody whos been a victim.”

“Industry hopes to use the furor over breaches as a way to pass a modest federal reform that just happens to also permanently restrict the states from passing virtually any financial privacy or identity theft laws.”

“Bank fees are still increasing and big banks are charging bigger fees. Its a serious problem for consumers.”

“ATM surcharging benefits high-fee, big banks and hurts low-cost alternatives such as credit unions and smaller banks,”

“Surcharges arent only unfair to the consumers who pay them. Theyll ultimately lead to bigger banks and fewer choices, which means higher fees for everyone,”

“First of all, ... if you just opt out, youre protecting your information from being shared with telemarketers who use deceptive scripts to trick you into ordering junky products. If this decision is upheld, youre also protecting your Social Security number from being shared with information brokers and that might protect you from identity theft and stalking.”

“Everyone has a right to make money, ... But what theyre doing is taking disgruntled customers and converting them into longer-term customers by some sleight of hand.”

“ATM surcharging benefits high-fee, big banks and hurts low-cost alternatives such as credit unions and smaller banks.”

“Surcharges arent only unfair to the consumers who pay them. Theyll ultimately lead to bigger banks and fewer choices, which means higher fees for everyone.”

“The success of the banks legally suspect practices has given them tremendous market power. Merchants have no choice but to accept Visa and MasterCard products on the sellers terms. Otherwise they lose customers and sales.”