Feds spend at least $890,000 on fees for empty accounts

[unhappycamper]

http://www.washingtonpost.com/politics/feds-spend-at-least-890000-on-fees-for-empty-accounts/2013/04/24/35700728-ac3b-11e2-8559-85e32b44d524_story.html?wpisrc=nl_pmpolitics

Feds spend at least $890,000 on fees for empty accounts
By David A. Fahrenthold, Published: April 24

If you are a federal worker on furlough this week — or an airline passenger delayed by federal furloughs — you might want to save your blood pressure and go read another story.

This one is about all the money the U.S. government spends on . . . nothing.

It is one of the oddest spending habits in Washington: This year, the government will spend at least $890,000 on service fees for bank accounts that are empty. At last count, Uncle Sam has 13,712 such accounts with a balance of zero.

They are supposed to be closed. But nobody has done the paperwork yet.

[bemildred]

1. Another bank racket. nt