Fees for banking services have been a policy concern for over 20 years and the subject of several government agencies studies, which focused on the magnitude, incidence, or disclosure of such fees. Using a sample of single market banks, I study the relationship between market-level consumer...

In 2004 the U.S. Supreme Court granted certiorari on two cases regarding inclusion in income of contingent attorney's fees, Commissioner v. Banks and Commissioner v. Banaitis. 1) The courts of appeals were split on the issue of inclusion and had resolved their cases based on numerous theories,...