From: Vickgate@aol.com [mailto:Vickgate@aol.com]
Sent: Friday, September 17, 2004 5:35 PM
To: Comments
Subject: CRA
Many individuals and organizations worked for many years to make CRA
effective. Please keep it strong and do not take any measures to reduce
the number of financial institutions covered by it. Weakening the
pressure on regulated institutions to keep lending in credit-starved
communities increases the pressure towards predatory lending. That, in
turn, ruins neighborhoods and individuals. It is up to the FDIC among
others to ensure that all who need credit get it.
Thank you in advance for keeping the letter and spirit of CRA in
force.
Michael Westgate
142 Commercial St #103
Bostn, MA 02109