This is the kind of nonsense they are publishing today over at MSN, the folks who run hotmail. This article sets up the banker as the bad guy. The headline is Your Banker’s 6 Big Dirty Secrets.

Secrets? Are you kidding me? How dumb do they think people are? It’s a secret that if you have a checking account, the bank would like you to open a savings account too? Or, it’s a secret that banks have systems for assessing credit risk? Or, it’s a secret that banks leave it up to the customer to decide whether they need credit insurance? Come on! None of these things are secrets to anyone who has been around the block a time or two.

The implication, of course, is that bankers are deceptive, and that is just flat out bigotry against bankers. There is not an industry out there that is required by law to make more disclosures than banking. And, there is not an industry out there that has done more to promote financial literacy at all ages than banking.

I don’t understand these kinds of stupid articles, which insult both bankers and customers.