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unhappycamper

(60,364 posts)
Thu Apr 25, 2013, 07:50 AM Apr 2013

Feds spend at least $890,000 on fees for empty accounts

http://www.washingtonpost.com/politics/feds-spend-at-least-890000-on-fees-for-empty-accounts/2013/04/24/35700728-ac3b-11e2-8559-85e32b44d524_story.html?wpisrc=nl_pmpolitics

Feds spend at least $890,000 on fees for empty accounts
By David A. Fahrenthold, Published: April 24

If you are a federal worker on furlough this week — or an airline passenger delayed by federal furloughs — you might want to save your blood pressure and go read another story.

This one is about all the money the U.S. government spends on .?.?. nothing.

It is one of the oddest spending habits in Washington: This year, the government will spend at least $890,000 on service fees for bank accounts that are empty. At last count, Uncle Sam has 13,712 such accounts with a balance of zero.

They are supposed to be closed. But nobody has done the paperwork yet.
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Feds spend at least $890,000 on fees for empty accounts (Original Post) unhappycamper Apr 2013 OP
Another bank racket. nt bemildred Apr 2013 #1
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