Banks Causing Their Own Panic?

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Could it be that the banks have made a big mistake by seizing funds?

-- Reporter (reporter_atlarge@hotmail.com), April 15, 1999

Answers

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.


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