Posts Tagged ‘fees’

Tim Berners-Lee: No Internet Fees

Posted by admin on Tuesday, June 8, 2021

Tim Berners-Lee Money Quote saying that if he had tried to make money off his invention of the web that it would not exist as we know it today. Tim Berners-Lee said:
 
If I had tried to demand fees... there would be no World Wide Web. There would be lots of small webs Quote
 

“If I had tried to demand fees… there would be no World Wide Web. There would be lots of small webs” — Tim Berners-Lee

 

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F. Lee Bailey: Legal Fee Punishment

Posted by admin on Thursday, June 3, 2021

F. Lee Bailey Money Quote saying that lawyers exorbitant hourly rates are enough punishment for the guilty as well as the innocent clients. F. Lee Bailey said:
 
I get paid for seeing that my clients have every break the law allows. But the guilty never escape unscathed. My fees are sufficient punishment for anyone Quote
 

“I get paid for seeing that my clients have every break the law allows. I have knowingly defended a number of guilty men. But the guilty never escape unscathed. My fees are sufficient punishment for anyone” — F. Lee Bailey

 

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Aaron Klein: Slow-Clearing Bank Settlements

Posted by admin on Thursday, October 6, 2016

Aaron Klein Money Quote saying low-income consumers subsidize wealthy and must pay to use their own money. Aaron Klein said:

Lower-income Americans, who disproportionately use cash, prepaid cards or debit cards, get little to nothing and are in effect subsidizing the wealthy through the payment system. They also deal with a slow clearing and settlement system that causes additional expensive overdraft fees
— Aaron Klein

John Chiang: Wells Fargo Wanton Greed

Posted by admin on Wednesday, September 28, 2016

John Chiang Money Quote saying as California State Treasurer that Wells Fargo cheated and fleeced customers with disregard for institutional ethics and encouraged greediness. John Chiang said:
 
Wells Fargo's fleecing of its customers by opening fraudulent accounts for the purpose of extracting millions in illegal fees demonstrates, at best, a reckless lack of institutional control and, at worst,  a culture which actively promotes wanton greed Quote
 

“Wells Fargo’s fleecing of its customers by opening fraudulent accounts for the purpose of extracting millions in illegal fees demonstrates, at best, a reckless lack of institutional control and, at worst, a culture which actively promotes wanton greed” — John Chiang

 

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