Banking - of any kind - does not lack for government oversight. When someone puts up barriers and restrictions to make your life more and more difficult, do you just submit meekly? Most folks I've ever met will try - then simply find a way around. Many don't believe they do, and very few are foolish enough to advertise. Why would people in business be different? Besides, this was all 'accepted practice' until overuse exposed flaws that led to panic in other parts of the market. I'm sure Government will "fix" this (and costs will rise)until another 'accepted practice' becomes unacceptable (and unforeseen) and they'll "fix" that - over and over.
Sounds like job security, mate - very much the core of any full-time politician's priorities.
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Today's Featured Article - The David Brown Rose Badge - by Samuel Kennedy. In the 13th century civil war was raging in England. Two English noblemen were involved in a conflict which became known as the War of the Roses. The Duke of York had as his emblem a white rose and the Earl of Lancaster had a red rose. Today the white rose is the official emblem of the county of Yorkshire and the red rose has been adopted by the neighboring county of Lancashire.
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