Banks Expected to Collect $38 Billion in Overdraft Fees in 2009

Today's Financial Times highlights a possible target of regulatory action: bank overdraft fees. And those fees are not distributed the proverbial 80/20 pattern, with 20% of the accounts contributing 80% of the activity, but 90/10. And that 10%, not surprisingly, is in consumers with the lowest credit scores.

And not surprisingly, the biggest banks are the ones with the most aggressive fees.