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How Banks Fleece the Unemployed

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Here's how it works. In the past two years, states have been overwhelmed with unemployment claims. Always eager to serve, America's banks offered a deal the states couldn't refuse.
Sign a contract -- which won't cost you a dime -- and send us your weekly unemployment funds, the banks said. In return, we'll issue our VISA or MasterCard debit cards to your laid-off workers, on which we'll post their benefits electronically.

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