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Article #54

Re: AUTHORITATIVE RESEARCH EXPLAINS FASCINATING MARKET

#54
From: H. Brandys
Date: Sat, 13 Jul 1996 00:00
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Ian L. Renert wrote:
> 
> For a variety of reasons, government organisations, primarily within the
> U.S. are not anxious for the conventional investment manager to become
> familiar with a legitimate market for irrevocable, unconditional bank
> obligations.  There is a fear or perception that if too many people come
> to believe that such a market is TRULY real, that it would cause havoc
> with the financial markets as large sums would exit the traditional
> markets for what may be a superior opportunity.
> 
> The government likes to repeat a limited number of news stories about
> investors who have been scammed in this market.  While it is unfortunate
> for anyone who has been scammed, it is hardly unusual to find scamsters.
>  They are everywhere to be found.
> 
> If you have an interest in understanding what the REAL market for bank
> instruments is all about, it is there to be read and understood.
> 
> Refer to http://www.standbyloc.com
> 
> EVERY STATEMENT REFERENCES EITHER A LEGAL PRECEDENT, OPINION, RESEARCH
> REPORT OR OTHER TYPE OF DOCUMENT ISSUED BY AUTHORITATIVE FIGURES IN LAW,
> BANKING AND GOVERNMENT.  THERE IS NOTHING TO CHALLENGE - THAT IS, AFTER
> YOU READ THE RESEARCH.

Under no circumstances get yourselves into such a scheme. From personal 
experience and from others I learned the hard way. All the experts 
writing articles are anonymous, all letters are fax or copy or part 
deleted. For everybody info, the Federal Reserve Bank (you know this 
little bank in D.C) emphatically announce that there is no term or 
instrument such as Prime Bank Guarantee.
There is no reason or logic in the world that a bank will pay more then 
the interbank rake for a loan it wishes to get. Off balance sheet 
finance is done in a different way, for example securitisation of: 
mortgage, car loan, credit card loans etc.
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From: "H. Brandys" <jyarden@inter.net.il>
Subject: Re: AUTHORITATIVE RESEARCH EXPLAINS FASCINATING MARKET
Date: 1996/07/13
Message-ID: <31E78BE9.E2C@inter.net.il>
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