who wants to be a millionaire
Sandy sandfart... wrote ...Is "free range bank" supposed to convey some sort of meaning? a) Define "free range bank." b) Give three examples. (There are "a lot" of them "out there," right?) Clearstream and another clearinghouse, Euroclear -- based in Brussels -- transfer titles in 150 million transactions each year, involving more than US$7 billion in assets. At the discretion of Clearstream, clients can open non-published accounts that do not figure in any printed document or record of international financial transactions. When law enforcers ask to see records, they don't exist. Also there was a story on the 400 banks on nauru some of whom laundered the billions looted from russia,What if hawala works,Hawala's good.Its more about trust and initial inertia being problems than anything else. As sandy is such a doubting thomas he must immediatly arouse suspicion as a fed.yours etc toto,sorry matt.
So that definition of "free range banks" is....?
Clearstream and another clearinghouse, Euroclear ... 400 banks on nauru...
These are "free range banks"? Again, definition, please.
What if hawala works,Hawala's good.
It does work--for its intended purpose. However, that doesn't mean it would work in your application. Please back up your supposition.
As sandy is such a doubting thomas...
Nope, I just know more than you do. :'D S a n d y
On 10 Oct 2001, at 12:11, Sandy Sandfort wrote:
So that definition of "free range banks" is....?
Clearstream and another clearinghouse, Euroclear ... 400 banks on nauru...
These are "free range banks"? Again, definition, please.
S a n d y
In the coming age of digital cash, you wouldn't want your wealth measured in some meaningless fiat currency like "dollars", right? You want genuine commodity backed currency. A free range bank would back its currency with free range chickens. George
participants (3)
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georgemw@speakeasy.net
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mattd
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Sandy Sandfort