From: michaelmastman@yahoo.com [mailto:michaelmastman@yahoo.com]
Sent: Tuesday, October 19, 2004 10:30 PM
To: Comments
Subject: RIN 3064-AC50

Re: Preserving the Community Reinvestment Act Mr. Robert E. Feldman
Executive Secretary
Attention: Comments/Legal ESS
Federal Deposit Insurance Corporation
550 17th Street NW
Washington, DC 20429
Dear Mr. Feldman: I recently found out from my bank about FDIC plans to change banking regulations in such a way that banks would no longer be obligated to invest in the communities from which they receive deposits. This change is a horrible idea, and will cause massive capital flight out of the areas that most need investment. Thank you, Michael MastmanMichael Mastman