I hate to ride Jerry's coattails and cover the same stock so soon after he has, but I've been keeping an eye on C for quite some time and I feel the time is right to jump on for another ride that'll likely end in tears for many.

Both Citi & BoA have recently done away with those pesky $35+ overdraft fees that resulted in so many "$40 lattes" for careless (or more often, cheated) customers over the past several years.  The echoes from their execs publicly slapping their collective agencies on the back for getting rid of what essentially amounted to unauthorized short-term, low cash loans at 1,000+% interest are deafening right now, and people who are too dumb not to see where these fees will be collected elsewhere will soon be singing the blues.  Just wait until you see what the new minimum balance requirement will be in order to keep a 'free' checking account!  Be prepared for all sorts of maintenance fees if you commit the sin of owning a relatively inactive account.  Ohhh, it's gonna be a real joy watching this new slate of hoodwinkery and financial mischief unfold.

The only way these banks *won't* recoup the money they'll lose by not stealing it from people with vastly inflated overdraft charges will be if people get fed up with the new charges they start seeing and leave en masse to join credit unions or smaller banks that still treat people like human beings.  I sincerely doubt this will happen, so like Jerry, I'm banking on the evil empire.