Date: Wed, 07 Aug 2002 12:56:17 -0400
To: WSFA members <WSFAlist at keithlynch.net>
From: Liza Kessler <LKessler at lharris.com>
Subject: [WSFA] Re: What were those people thinking?
Reply-To: WSFA members <WSFAlist at keithlynch.net>

I think the article indicated that they had been sent notices informing
them that they were seriously overdrawn and offering them the opportunity
to treat the overdrafts as a loan, but requiring some effort/paperwork/etc
to make that happen.

Liza

At 12:40 PM 8/7/02, you wrote:
>ronkean at juno.com wrote:
> > Perhaps for some it was a slippery slope.  Overdrawing one's account
> > by a little bit could have been an innocent mistake, and once they
> > noticed that repeated withdrawals from their already overdrawn
> > account could be made, some might have figured that it was 'O.K.',
> > that it was no more illegal than 'maxing out' a credit card.
>
>Is it possible that it was entirely an innocent mistake?  Perhaps some
>people just don't keep track of their accounts, and rely on the bank
>to tell them when they're overdrawn.
>
>I'd be very reluctant to impose criminal penalties on anyone unless
>there was overwhelming evidence that they knew they were doing
>something wrong.
>--
>Keith F. Lynch - kfl at keithlynch.net - http://keithlynch.net/
>I always welcome replies to my e-mail, postings, and web pages, but
>unsolicited bulk e-mail (spam) is not acceptable.  Please do not send me
>HTML, "rich text," or attachments, as all such email is discarded unread.