Money, money, money

The Occupy Wall Street movement is angry at the greed and corruption of the financial industry. Folks regularly say that money is the root of all evil, but the Bible notes it is the "Love of money" that is the root of all evil [1 Timothy 6:10]. What is going on in the Banking industry that has turned a fair return on investment into an addiction for more and more?

GALILEO has over 100 databases with current journals, magazines, and newspapers at your fingertips. Banking Information Source (Proquest) combines the currency of the Internet and the perspective of industry journals to provide the ultimate financial services research tool.

In today's banking world, keeping informed of what's happening in economic markets is as important as monitoring national and international developments. Banking Information Source (Proquest) can help users predict future market trends, monitor the rise of future competition, and even pick up ideas that have worked successfully in the financial services market. The database brings together leading journals from the most important international markets and allows you to analyze and compare articles from 360 full-text sources in a manner of seconds.

My complaint with the banks is the new charge for debit card use. I understand that the unintended consequence of the Dodd-Frank bill, which was an effort to help retailers, by putting a halt to the fees banks could charge the retailers for debit card use, ended up pushing banks to make up the loss in income by charging the consumers. Unintended consequences can turn a good idea into a terrible one.

My search in Banking Information Source (Proquest) for debit card charges (no quotes) turned up a hodge podge of articles. A second search for "debit card charges" (in quotes) turned up a few appropriate articles. The drop down list under the search box caught my eye with the phrase, 'debit card fees'. Using that phrase and sorting by most recent date gave me just what I hoped to find. Among the 12617 'hits' pulled up The November 5th, Investment Weekly News and the November 1, American Banker came first, followed by the Credit Union Journal and the Economist. Each has multiple articles referring to 'debit card fees'.

To access Banking Information Source (Proquest)
Go to GALILEO
..Select Database A-Z
....Select B
......Select Banking Information Source(Proquest)
You may get the password to access GALILEO from your Georgia librarian.


-kss