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- From: tleylan@pegasus.com (Tom Leylan)
- Subject: Re: More of the House Bank "scandal" (was Pardon stuff...)
- Message-ID: <1993Jan22.033353.7023@pegasus.com>
- Organization: Pegasus, Honolulu
- References: <1993Jan17.153456.3360@Princeton.EDU>
- Date: Fri, 22 Jan 93 03:33:53 GMT
- Lines: 31
-
- niepornt@phoenix.Princeton.EDU (David Marc Nieporent) writes:
-
- >No, of course banks normally charge a fee. But this wasn't a bank at
- >all. I know of no bank that doesn't pay interest. This was a pooling
- >of Congresspeople's funds.
- >
- >Of course such an agreement was made. That was the POLICY OF THE BANK.
-
- >If my roommate and I continually take money from each other when we need
- >it, and don't keep careful track of that money, who does it hurt besides
- >possibly one of us? So why does it make a bit of difference to you?
-
- Please post anything which might indicate that you know anything about
- banking or this specific incident or what Congress is investigating.
-
- With rare exception each one of your posts is DMN guessing about what
- is or is not "a bank" what is or is not "legal", what is or is not to
- be considered "improper" and "important".
-
- Just tell us when you read the banking regulations for the District of
- Columbia or the Articles of Incorporation of the House Bank or even
- their bank policy.
-
- Perhaps you can share with us a synopsis of the regulations that members
- of Congress legally must abide by ?
-
- Don't consider this a flame just let us all know where the heck you got
- all your information about the banking industry.
-
- tom
-
-