Banks Causing Their Own Panic?greenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread |
Could it be that the banks have made a big mistake by seizing funds?
-- Reporter (reporter_atlarge@hotmail.com), April 15, 1999
not unless the mainstream media start bad mouthing their actions...
-- Arlin H. Adams (ahadams@ix.netcom.com), April 15, 1999.
Sometimes the truth hurts. Especially when things deteriorate to this state.
-- Reporter (reporter_atlarge@hotmail.com), April 15, 1999.
I don't trust the banks are far as I can pee up a rope, but it has yet to be determined whether they've been specifically targeting y2k suppliers, or if this was just standard procedure for firms that have huge jumps in sales.I worked for a company (totally unrelated to y2k) which began to advertise on TV. When our sales and credit card transactions jumped, the bank had a hissy. Made us explain in detail what we were doing, and re-apply for a larger credit line.
We should withhold judgement till we have all the facts.
(Nonetheless, I still think WND is terrific. Beats the heck out of the bleedin' heart lefties in the mainstream press any day.)
-- rick blaine (y2kazoo@hotmail.com), April 15, 1999.