Wednesday, August 11, 2010

Enough of Them to Swing an Election?

Our friend Dov Hikind, New York State Assemblyman from Boro Park, Brooklyn, has made life easier (and cheaper) for the uncounted thousands of his constituents who receive their Holocaust-reparation payments by wire each month. According to this announcement in Yeshiva World News, the banks that receive these wire transfers will no longer charge for them, the way they presumably do for those of their customers in whose behalf Hikind has not interceded.

Fortunately, the fees mentioned (as high as $30 per) probably amounted to only a very small percentage of the average payment amount in the first place. Banks that feel the need to make up for this reduction in revenues from the services they perform will have to turn to their other customers to make up the shortfall. Not you, I trust.

No comments: