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<p>[QUOTE=&quot;Owle, post: 1265937, member: 22004&quot;]The problem from the bank&#039;s perspective is that of collateral.</p><p><br /></p><p>&quot;She wasn&#039;t pulling her $673,000 out of her bank. She was trying to trade with her bank: a draft drawn on another bank for cash. It&#039;s like saying the store wouldn&#039;t sell you a tv because they&#039;re afraid it would hurt their business for people to see you carrying their inventory out the door. If the check was worth the $673,000, why would her bank care? It would be in the same position it was in before. Nothing would have been pulled out of the lady&#039;s account.&quot;</p><p><br /></p><p>&quot;1. &quot;Near Dallas&quot; is a pretty big area. What bank refused to cash the check? Where?</p><p><br /></p><p>2. What company wrote the check, and on what bank?</p><p><br /></p><p>3. When was this supposed to have happened anyway?</p><p><br /></p><p>4. Why wasn&#039;t the money sent via EFT? Why didn&#039;t the woman return the check to its maker and demand an EFT, with as much spit &#039;n&#039; vinegar as she used when trying to cash it?</p><p><br /></p><p>5. I can understand why the woman&#039;s name would be withheld, but where is her lawyer and why isn&#039;t s/he weighing in on this? Who is her lawyer?</p><p><br /></p><p>6. What were the names and real titles of the bank bureaucrats and the banking commission bureaucrats? Does the bank have a lawyer involved, and who is s/he?</p><p><br /></p><p>7. Why is there absolutely no mention of this tale anywhere except on Gary North&#039;s website? If it was real, wouldn&#039;t there at least be some news coverage? Some third-party authentication of any kind, anywhere?</p><p><br /></p><p>&quot;Absent even a trace of verifiable details, we have to conclude the whole story is bogus.&quot;</p><p><br /></p><p><a href="http://www.quatloos.com/Q-Forum/viewtopic.php?f=11&amp;t=7566&amp;p=127162#p127162" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.quatloos.com/Q-Forum/viewtopic.php?f=11&amp;t=7566&amp;p=127162#p127162" rel="nofollow">http://www.quatloos.com/Q-Forum/viewtopic.php?f=11&amp;t=7566&amp;p=127162#p127162</a>[/QUOTE]</p><p><br /></p>

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