I think the article is opaque on the terms of that waiver. W-F seems to be taking the stance that the signature applies to the entirety of the customer's relationship with the bank - sign this once for any account, and it applies to actions across all your accounts.
BoingBoing and others are taking the position that the waiver only applies to actions relating to the specific account that was signed for, each account standing separately.
The latter approach seems more sensible to me, but really it all comes down to the language of the statement that they (really) signed, and how courts have chosen to interpret that.
BoingBoing and others are taking the position that the waiver only applies to actions relating to the specific account that was signed for, each account standing separately.
The latter approach seems more sensible to me, but really it all comes down to the language of the statement that they (really) signed, and how courts have chosen to interpret that.