Unable to transfer fund out | Page 2 | Alterna Bank | Discussion forum

Loonie said
I consider it a lie when there is a pattern of telling people things that aren't true, regardless of the excuse for doing so.
  

Fair enough. We each have our own opinion. For me, as long as FI's don't have to provide the granularity, the vagueness is misleading, even bordering on the unethical, but it is not a lie. Hence we need better disclosure rules so as not to allow those without much of a conscience to get away with that...and to avert the conflicts that employees with good conscience have and are stressed about and sometimes quit.

I've made a few written presentations in the past to regulators when they've floated proposals for public comment. Sadly, almost no one from the 'everyday public' does, so there is no 'in the face' pressure for regulators to lead the troops into battle. We have seen the face of the enemy and they is us.