From: Yacenda, Jim
Sent: Monday, August 30, 2004 5:40 PM
To: Comments
Subject: community reinvestment -- rin 3064-ac50
This proposal
is ill-timed and ill-advised. While some may argue that the institutions
targeted
for so called relief are meeting their
community responsibilities, I hearken back to the wise words of a
respected banker two decades ago who embraced the challenge of CRA
and the need for active enforcement by suggesting "organisms
behave differently when they are watched from how they behave when
they are not watched."