Indeed everything you say is true.  It really quite odd that the other banks
in Latvia allowed this to happen?  Don't they understand that the fall of
Paritate, in such crude and unsophisticated manner, will only reflect ill on
those more functional banks?  I think everyone in that area needs to learn a
few things about managing marketing issues and particularly crisis
situations.

Thank you all the same for the information.

On Wed, 27 Jun 2001 15:41:28 -0600, Destiny Worldwide Net wrote:

>  Ian Green wrote:
>  
>  ----------------------------------------------------------------------
>  
>  Subject: RE: URGENT WARKING, READ AT ONCE!
>  From: "Ian Green" <[EMAIL PROTECTED]>
>  Date: Tue, 26 Jun 2001 18:18:55 +1000
>  X-Message-Number: 1
>  
>  You're kidding me! Someone just speculated on this list on the damage
that
>  could be done if the mechanism of an "I love you" or "Anna Kournikova"
>  virus, were used to propagate a claim that a particular bank is bankrupt,
>  and people should immediately withdraw their money! (The main mechanism
is
>  the use of email and an instruction to spread the word, or sometimes
>  automated forwarding.) Now only hours later someone does it!
>  
>  Rumours like this have brought down many a stronger financial institution
>  (because of partial reserve backing). Please, Destiny Worldwide, provide
>  verifiable primary evidence, and do not ask people to "spread the word"
on
>  imperfect and incomplete information.
>  <<<<<<<<<<<<<<<<<<
>  
>  Let's get a couple of things straight, Ian:
>  
>  1.  I subscribe to the digest version, so I had no idea that someone had
>  speculated on this subject before I mentioned it.
>  
>  2. Our agents are prominent attorneys in Latvia and they provide us with
>  accurate information on issues such as this.  We would not send
information
>  of this nature if we were not certian it was reliable.
>  
>  3.  We do not provide information on our contacts to anyone except
>  customers.  If someone does not wish to take our word for something, that
is
>  their own problem.
>  
>  4.  This announcement was made as a public service, and I do not
appreciate
>  having rude comments made for doing such a service.  I was treated this
way
>  on another mailing list sometime ago, and so I quit helping, and some
people
>  lost some money because I knew something about what was under discussion,
>  but since my comments were not welcome on that group, I kept it to myself
>  and they lost money.
>  
>  5.  We are not desperate to promote ourselves or our products and
services.
>  We have all the business that we need, although we do welcome new
customers.
>  We therefore do not engage in high pressure promotion tactics or spam or
any
>  other such terrible practices.  We are in the process of becoming even
more
>  private than we are already, as offshore businesses are under attack
>  everywhere, and the more private the business is, the better it is for
both
>  the business and the customer.
>  >>>>>>>>>>>>>>>
>  
>  I don't have an account with this bank, but I still would not like a run

>  like this to bring down this or any other bank that provides good
services
>  to small, not necessarily rich, individual international clients, that
most
>  banks refuse to provide.
>  <<<<<<<<<<<<<<<<<<
>  
>  You certainly cannot blame their bankruptcy on us, as it had already
>  happened when we were informed, or was within hours of happening.  I
think
>  when the email warning was sent to us, they might have still been open,
but
>  they apparantly closed hours later.  Paritate provided one of the worst
>  levels of customer service, and has given a bad reputation to other banks
in
>  Latvia.  We use two other banks there, and the service is much superior
to
>  Paritate's, so the real sad thing is what they have doen to the offshore
>  banking business and Latvia.  I hope the rest of this list does not view
our
>  desire to help, or, when the next bit of information comes across my desk
>  that could be of help I will just let it slide.
>  
>  John
>  
>  http://www.offshorearnings.com
>  
>  http://www.destiny-worldwide.net
>  
>  
>  
>  Ian Green
>  http://two-cents-worth.com/?107242
>  
>  
>  
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