BANK OF AMERICA -- SLIMIER THAN EVER

When officials at Bank of America warn of even greater losses because of their greed and incompetence -- customers beware.

They gonna getcha again.

Historically when you made a debit card purchase the merchant would turn in a claim for some amount up to the full purchase price just to see if the money was there.

Then the claim would be withdrawn and not appear again until it was actually presented for payment.

No more -- when the claim first goes in it stays and the funds are immediately deducted from your available funds.

Case in point -- I a monthly fee set up for automatic payment on the 23rd of each month in the amount of $10.77.

The company will first submit it around the 21st to see if the account is still active then withdraw it until the actual due date when it is paid.

When they did this month BOA immediately deducted the funds from my account and the debit was paid in overdraft, and I was charged an additional $35.00 bank fee.

This morning, the 23rd, the debit is still sitting there in online banking marked as pending and unpaid.

When you pay a bill through BOA online banking, it is not charged to your account until the actual day of payment --not the day you schedule it.

Opposite standards -- same bank.

But what else can you expect from a night crawler bank that is about to choke to death on its own greed....

And a ton of bad loans from Countrywide.