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Article #60

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

#60
From: Ian L. Renert
Date: Thu, 20 Jun 1996 00:00
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For a variety of reasons, government organizations, primarily within the 
U.S. (but throughout the world) 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 agencies like to repeat a limited number of news stories 
about investors who have been scammed in this market.  While it is always 
unfortunate when people lose money, con artists will always be around.  
They are in EVERY market.

If you havean 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: Re: standby letter of credit & bank debenture: AUTHORITATIVE RESEARCH PROVIDES ANSWERS TO COMMONLY ASKED QUESTIONS
Date: 1996/06/20
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references: <4q94ti$t49@a3bsrv.nai.net> <31C97E60.2948@carmen.murdoch.edu.au>
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