[maehwasu]

Challenge accepted. I am going to regulate this problem away. New proposed regulation:

1. Banks must make rejection of a charge, rather than overdrafting, the default.

2. When overdrafting is enabled, cap the fees at some amount (say, $5), and also cap the amount the account can be overdrafted at, say, $50.

Looks like a pretty disgusting scheme to me. /sarcasm

[Swizec]

Funnily, that's how it works in Europe. Or at least anywhere in Europe that I've had an account.