| Topic: |
Politics > Politics-USA |
| User: |
"tightwad" |
| Date: |
19 Dec 2005 04:53:22 PM |
| Object: |
Know Your Customer Rule Hides Spying on Bank Customers |
This is a relivant post , if not new, and is pertinent to the Police
State that the Patriot Act seeks to bring about
http://www.thewinds.org/1998/12/fdic.html
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| User: "TomAlciere" |
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| Title: Re: Know Your Customer Rule Hides Spying on Bank Customers |
19 Dec 2005 07:52:24 PM |
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Check this out. You wander into a bank in Canada. You exchange some
U.S. dollars for Canadian dollars at the exchange rate. You cash some
travellers cheques. You can even open a bank account. Then you try to
buy mutual funds. No can do. They're forbidden to sell mutual fund
shares to US residents, under U.S. federal law. For some strange
reason, they obey U.S. laws in other countries.
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