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  • sunny

    American Banking Association Has No Response when Challenged

    Chilling Effects Team, October 28, 2013

    Abstract: As a brief follow-up to our earlier stories about Greg Thatcher and his website with bank routing numbers, we've heard from Greg and his lawyers with good news.

    UPDATE: The ABA finally did respond, with what can only be described as a "sour grapes" letter.



    Neither Greg or his lawyers have had any response to their initial wonderful letter to the ABA's lawyer.
    They've sent a follow-up letter and Greg has replaced the numbers on his website.
    Looks like the ABA initial threat was empty posturing, in hopes that Thatcher would roll over.
    All's well that ends well, we suppose, but it would be even better if people and companies would stop trying to game the system in order to seek rents or engage in what amounts to explicit censorship.

    UPDATE 11/06/2013 The ABA's lawyer did finally respond, with a pretty weak-sauce letter that manages to allege that Thatcher's posting of the routing numbers somehow places both Thatcher himself and the public at risk, that the Federal Reserve's listings of the numbers are inaccurate, and furthermore, that something something, hey what's that over there! (flees).

    The letter has already garnered a wonderfully scathing analysis from Popehat, among others

     


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