[Shotimes] RE: REALLY REALLY OT - Selling a car

[colin cooney]

Sorry, that first bit came across as heavy handed didn't it, have to 
remember to pause and re-read before I hit send. Spent a couple hours 
getting the wireless connection sorted out, and guess whose email I opened 
first?

However, the point was, is, and remains to be- if you ask the bank to help, 
the worst thing they will say is NO. I doubt it in the case of the receiving 
bank, because there may be a new auto loan in their future. The best case is 
they will say" Yeah, we can do that."
Perhaps if the buyers bank has extended him a loan, they will be willing to 
help as well.

I appreciate the reading material on LIBOR, if you note, the rate is quoted 
in the WSJ, and as quoted is based on the averages of 5 domestic banks. I 
was making (probably a poor) reference to the interest that banks charge one 
another on daily, weekly, monthly, and yearly loans. Long before there was a 
eurodollar, the LIBOR dictated these rates (or if they didn't dictate them 
they surely influenced them) here in the US and across the world. However, I 
am glad to have the new definition so that I don't make a poor reference on 
that subject again.

I know: check clearance period " is to make sure sufficient funds are 
available etc etc", but don't tell me banks don't tack on an extra couple of 
days. That's like saying AOL double-bills people " by mistake" on the last 
week of the year.

I am obviously a more generalized conversation type of person when it comes 
to subjects. I will type something and assume you know everything I've 
already taken into account, but haven't spoken out loud (or written down), 
whereas I'm getting the feeling you are a more detail oriented person who 
likes everything defined. Vive la difference!

On a final note, I feel sufficiently put in my place for being so 
shortsighted as to believing there was a solution to the question at hand. 
Obviously, my previous post had no redeeming value whatsoever. All who read 
this are official witnesses to that fact.

We could send snappy emails back and forth ad nauseum, but it wouldn't 
really be of interest to people looking for info on SHOs, so this is my last 
word on it.






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