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

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#59

From: Andrew Owens
Date: Thu, 20 Jun 1996 00:00

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Ian L. Renert wrote:
> 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.

:-) Perhaps you're unaware of legal, business and academic processes.  
Take the Mabo case in Australia as a very good example of the fact that 
simply because it is an eminent figure who says something as a well 
researched fact, doesn't mean it is true.  Isaac Newton is another good 
example.  And "authoritative" bankers had predicted the recession in 
Australia would end by 1993.

Forgive my cynicism.

Regds, Andrew

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From: Andrew Owens <ajowens@carmen.murdoch.edu.au>
Subject: Re: standby letter of credit & bank debenture: AUTHORITATIVE RESEARCH PROVIDES ANSWERS TO COMMONLY ASKED QUESTIONS
Date: 1996/06/20
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