Quote Originally Posted by Yankeeman07 View Post
Lawsuits will be a waster of time - Banks are not forced to accept any particular clients, plus, this new round of funding has funding Caps for the big banks.

**Someone can do the research, but, I believe the big banks were capped at $60 billion
Dave,

Banks are not forced to take non-bank customers because of know you customer and AML. Banks have been very careful about opening accounts for non-bank customers. Some smaller banks have been willing to help non-bank clients within their respective communities. Banks get audited for this on a regular basis......
I was on a conference call with a host of attorneys today. The subject was brought up. The suit will get squashed if the clients were already a customers of the bank.

Best,

KH