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Article #58

standby letter of credit & bank debenture: AUTHORITATIVE RESEARCH PROVIDES ANSWERS TO COMMONLY ASKED QUESTIONS

#58
From: Ian L. Renert
Date: Wed, 19 Jun 1996 00:00
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For a variety of reasons, government organizations, 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 TRULY exists, 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.  It is always unfortunate 
for those who have lost money as a result of a scam; however, con artists 
exist in EVERY MARKET - including this one.  The really big scams, 
however, occur in Washington and on the highest order on Wall Street.

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.
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From: "Ian L. Renert" <irenert@webquill.com>
Subject: standby letter of credit & bank debenture: AUTHORITATIVE RESEARCH PROVIDES ANSWERS TO COMMONLY ASKED QUESTIONS
Date: 1996/06/19
Message-ID: <4q94ti$t49@a3bsrv.nai.net>
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