Dear Grant,

At the moment, legislation is made by governments under the control of
banks.  Bank customers' rights are no different to all our rights formulated
by common law as well as statute law which meets the standard of due
process, ie: is to the benefit of the community.  An example of a good
statute would be the "Act concerning monopolies... 1623" which says that
interest rates must not exceed 8% under penalty of imprisonment and fine. An
example of a bad statute would be the Consumer Credit Acts from 1981 which
allow the terms of a contract to be varied without the consent of the
borrower.  The banks, governments and judges do not want you to know your
rights.  When you compile your list of good laws, please let me know.

John Wilson.

-----Original Message-----
From: Grant Callaghan <[EMAIL PROTECTED]>
To: [EMAIL PROTECTED] <[EMAIL PROTECTED]>
Date: Tuesday, 19 September 2000 14:30
Subject: banking law


>To whom it may concern,
>
>I am very interested in finding additional resources
>that concern banking laws. Specifically, I am very
>interested in banking customers' rights and
>responsibilities as defined by the law, not by the
>corporate dictators. I may soon become a victim and
>would like to prepare proactively.
>
>Thanks for your help in this matter.
>
>-Grant
>
>__________________________________________________
>Do You Yahoo!?
>Send instant messages & get email alerts with Yahoo! Messenger.
>http://im.yahoo.com/
>

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