1993-10-11 - Re: The Bank of the Internet!?

Header Data

From: cman@IO.COM (Douglas Barnes)
To: lefty@apple.com (Lefty)
Message Hash: 7f399ff7c0a79d94620c1190601a118aef3bf9a81953fc549b233e5ca43c7b09
Message ID: <9310112326.AA02036@illuminati.IO.COM>
Reply To: <9310112247.AA09195@internal.apple.com>
UTC Datetime: 1993-10-11 23:29:50 UTC
Raw Date: Mon, 11 Oct 93 16:29:50 PDT

Raw message

From: cman@IO.COM (Douglas Barnes)
Date: Mon, 11 Oct 93 16:29:50 PDT
To: lefty@apple.com (Lefty)
Subject: Re: The Bank of the Internet!?
In-Reply-To: <9310112247.AA09195@internal.apple.com>
Message-ID: <9310112326.AA02036@illuminati.IO.COM>
MIME-Version: 1.0
Content-Type: text/plain


> 
> Harry S. Hawk writes:
> > 
> >I don't, however, see how any of this could impact a simple credit
> >union type bank opperated over the Internet.
> 
> I would be surprised to discover that running a bank "over the Internet"
> didn't stand a fair chance of running afoul of interstate banking laws...
> 

1) It's a Credit Union, not a bank.
2) The field of membership for the individual CUs would be restricted
   to a local area.

-- 
----------------                                             /\ 
Douglas Barnes            cman@illuminati.io.com            /  \ 
Chief Wizard         (512) 448-8950 (d), 447-7866 (v)      / () \
Illuminati Online          metaverse.io.com 7777          /______\




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