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Banks Up Profit Bets on the Rich

"These banks were collecting huge amounts of money from overdraft fees and credit card delinquencies and charges for over-limit and that kind of thing," says Kaufman. "That's a huge amount to make up."

-- Written by Lauren Tara LaCapra in New York.



>To contact the writer of this article, click here: Lauren Tara LaCapra.

>To follow the writer on Twitter, go to http://twitter.com/laurenlacapra.

>To submit a news tip, send an email to: tips@thestreet.com.

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Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.
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