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January 15, 2007


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It was not that long ago (and after the Australian Human Rights and Equal Opportunity Commission Act passed) that my (now) wife approached a bank here for a loan to buy a car. She was told she needed a guarantor. She was a uni graduate and trainee chartered accountant on a good(ish) salary with no credit history.
Her brother, who had no qualifications, was much younger and had only just got his first job on a lower salary and also with no credit history got a loan a month later for more without a guarantor. It is not only in the US that an Act is sometime ignored.


Further proof that Coca-Cola should change the lyrics of its famous song from "I'd like to buy the world a Coke, and keep it company" to "I'd like the world to smoke some coke, and keep me company."

mark b

Note also that this was discovered during a routine Federal Reserve Board examination, which occurs annually. So also fault the Feds, not just the State of Alabama, City of Birmingham or Compass Bank.


Oh-oh, an offended Alabaman. I didn't mean to insult you or your sister/wife.

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