Its About Time I Finally Got Me A Birdie

In article 6,
Carl Ellis wrote:

I thought it might be APEX. I bought my Taylorcraft from a fellow who has
a hangar there. 2.5 years ago the sub base (Bangor) had effectively
confiscated part of their strip by extending a no-fly zone into the first
500' or so of the runway.

That "T"FR is smaller now. They replaced the circle-with-APEX-cutout
(I never saw a version that didn't leave about a mile and a half around
the airport) with a rectangular region that doesn't close it in on 3
sides. I noticed it last time I was copy those TFRs onto my charts.

--
Ben Jackson

http://www.ben.com/

Know the feeling !!!,

MAN, WHAT a feeling! ...

Walking on the ramp towards my (well.. OUR) airplane...

..No jockying for a "rental slot" and cleaning up after the
last renter, wondering what/who was doing what.. (nice new flat spot
on the other 172's tire I noticed) ...

A beaut day here, so one of my "partners" said "lets go
flying" ..........and our plane was WAITING FOR US... (not the other
way around)

We have done a lot of work on it (all appearance items). it
sailed through it's annual/100 hr check needing 3 cowl fasteners
(that we suspected) ..

It looked like crap, but it appears that it got whatever it
needed, when needed maintenance - wise...

We put it back in the hanger, washed it underneath, touched
up some paint chips and turned out the lights...

Felt really, really good...

Dave



On Sun, 14 Mar 2004 11:43:14
-0800, "MRQB" wrote:

Yep thats right first time flying my airplane man that sounds werid,




You forgot...

First time flying YOUR airplane!

Couple of points:

The form had nothing to do with the bank. I guess you missed it, but 10 or
15 years ago regulations went into effect that required anyone withdrawing
$10,000 or more from a financial institution had to fill out a form and the
feds had to be notified of the transaction. The idea was to cut down on the
drug trafficking and money laundering. Of course, your average coke dealer
simply withdrew $9,995, went outside for a smoke, then came back in and got
the other $5.00. So much for that idea!

As far as asking for the money a day in advance goes, that's just common
sense. Banks get robbed. The more money in the bank, the more money that
guts stolen. So banks try to limit their funds on hand to what they think
they will actually need in a day. Try walking into your nearest Krispy Kreme
and getting 10,000 donuts right now. It ain't going to happen! Krispy Kreme
only makes the donuts the feel they will sell in a certain period of time.
But if you call and order them, they'll be happy to whip out 10,000 for you.

And for whoever might be of an argumentive bent, I already know how much
interest a zillion dollars earns in a nanosecond, but the "robbery" example
is also correct, so let it go.


"MRQB" wrote in message
...
They had me fill out a form for the government! Told me that next time to
call a day in advance so they could order the funds. They almost refused
to
give me over 10k at once told them it was my money and i want it now!!!!!!
I
said I dont care that I need to fill out a form to get my money so give me
my money or give me every thing in my account and close it they gave me
the
amount i asked for was more then 16k that i was asking for.


I hate banks for that reason.


"Doug" wrote in message
om...
What did the bank say when you told them you wanted to withdraw 16k in
cash?

"MRQB" wrote in message
...
Hello, all well I have been lurking and posting trying to find me a
low
cost
time builder well I almost have up the hunt, I went to bed early
Thursday
night woke up about 4am logged on to eBay and to my surprise a local
area
person posted a nice little low time 1976 150 called the guy at 5am
woke
him
up, he called back about 8 am I spoke with him settled on a over the
phone
price, price dependant upon inspection.

A friend and I drove for about 4 hours to go look at this bird. We got
there
before the seller and started poking around a old guy smoking a cigar
came
out and asked you interested in that airplane, said maybe can you tell
me a
bit about it. Said yea I can I just got done doing a major a major
annual to
it. Talked with him got all his info and he went away. The seller
showed
up
about 5 min later had all the logs back to new, I asked him if we
could
pull
it over to the mechanics hanger so I could inspect the airplane. Now
is
ware
it starts to get interesting!

He hands me the keys and says' s taxi it over and ill get you guys
some
screw drivers well had a problem starting starter clutch went bad?
Seller
acted like he did not know about it but since it was going over to the
shop
he had a A & P put a new one in and put an entry in the logs, Now with
all
inspection plates removed and new starter clutch the 4 hours pre buy
inspection is under way. Only 3 squawks were found but not an
airworthiness
issue's.

We put the plane back together and go review the log books well he
said
that
it was IFR certified well it was clearly not but it was in 1987. There
was
no damage history neither was there any missing logs and all AD's have
been
complied with. Went to the seller told him that it was not IFR
certified
and
started the negations. We settled on a cash price that was more than
Fair to
me tell you the truth I'd have paid $5k to $7k more if I had more
money.

I went there with cash in hand for price we agreed upon over the
phone.
The
plane had 3 squawks and was not IFR certified as I was told It dose
have
full IFR panel. I offered him a lower amount than we agreed on the
phone
due
to the discrepancies The seller declined after I started to walk back
to
the
truck to go home. The seller made a counter offer $50.00 more than my
offer
my friend looks at me said take it worth way more then he is asking.
So
I
went inside sat down at the table got all the paperwork done and
counted
out
$16k in cash we both signed a sales agreement he signed the bill of
sale
we
shook hands and now I own me a late model 150.

Times
4030 Airframe
700 SMOH Engine Compressions 74,75,77,75
100 ON New Prop

All around condition a strong 7.5 may an low 8

Fresh Annual Done Right!! Nothing Deferred, Airplane Has New tires,
break
rotors, wheel Barings, fuel line, fuel strainer valves, fuel gages,
steering
rods and boots, starter clutch, and a lot more, yes it dose help to
get
another set of eyes on the airplane as we found 3 non airworthyness
squawks
little things that dont really need to be done buy are getting done
monday.
I know i am happy I kinda feel guilty at the price i go it for.

Thanks To All The Groups Here For Putting Up With Me And For All The
Excellent Advice.

Can you really get 10,000 Krispy Kream doughnuts? Come on, lets give it a
try!

Brad
"Bill Denton" wrote in message
...
Couple of points:

The form had nothing to do with the bank. I guess you missed it, but 10 or
15 years ago regulations went into effect that required anyone withdrawing
$10,000 or more from a financial institution had to fill out a form and
the
feds had to be notified of the transaction. The idea was to cut down on
the
drug trafficking and money laundering. Of course, your average coke dealer
simply withdrew $9,995, went outside for a smoke, then came back in and
got
the other $5.00. So much for that idea!

As far as asking for the money a day in advance goes, that's just common
sense. Banks get robbed. The more money in the bank, the more money that
guts stolen. So banks try to limit their funds on hand to what they think
they will actually need in a day. Try walking into your nearest Krispy
Kreme
and getting 10,000 donuts right now. It ain't going to happen! Krispy
Kreme
only makes the donuts the feel they will sell in a certain period of time.
But if you call and order them, they'll be happy to whip out 10,000 for
you.

And for whoever might be of an argumentive bent, I already know how much
interest a zillion dollars earns in a nanosecond, but the "robbery"
example
is also correct, so let it go.


"MRQB" wrote in message
...
They had me fill out a form for the government! Told me that next time
to
call a day in advance so they could order the funds. They almost refused
to
give me over 10k at once told them it was my money and i want it
now!!!!!!
I
said I dont care that I need to fill out a form to get my money so give
me
my money or give me every thing in my account and close it they gave me
the
amount i asked for was more then 16k that i was asking for.


I hate banks for that reason.


"Doug" wrote in message
om...
What did the bank say when you told them you wanted to withdraw 16k in
cash?

"MRQB" wrote in message
...
Hello, all well I have been lurking and posting trying to find me a
low
cost
time builder well I almost have up the hunt, I went to bed early
Thursday
night woke up about 4am logged on to eBay and to my surprise a local
area
person posted a nice little low time 1976 150 called the guy at 5am
woke
him
up, he called back about 8 am I spoke with him settled on a over the
phone
price, price dependant upon inspection.

A friend and I drove for about 4 hours to go look at this bird. We
got
there
before the seller and started poking around a old guy smoking a
cigar
came
out and asked you interested in that airplane, said maybe can you
tell
me a
bit about it. Said yea I can I just got done doing a major a major
annual to
it. Talked with him got all his info and he went away. The seller
showed
up
about 5 min later had all the logs back to new, I asked him if we
could
pull
it over to the mechanics hanger so I could inspect the airplane. Now
is
ware
it starts to get interesting!

He hands me the keys and says' s taxi it over and ill get you guys
some
screw drivers well had a problem starting starter clutch went bad?
Seller
acted like he did not know about it but since it was going over to
the
shop
he had a A & P put a new one in and put an entry in the logs, Now
with
all
inspection plates removed and new starter clutch the 4 hours pre buy
inspection is under way. Only 3 squawks were found but not an
airworthiness
issue's.

We put the plane back together and go review the log books well he
said
that
it was IFR certified well it was clearly not but it was in 1987.
There
was
no damage history neither was there any missing logs and all AD's
have
been
complied with. Went to the seller told him that it was not IFR
certified
and
started the negations. We settled on a cash price that was more than
Fair to
me tell you the truth I'd have paid $5k to $7k more if I had more
money.

I went there with cash in hand for price we agreed upon over the
phone.
The
plane had 3 squawks and was not IFR certified as I was told It dose
have
full IFR panel. I offered him a lower amount than we agreed on the
phone
due
to the discrepancies The seller declined after I started to walk
back
to
the
truck to go home. The seller made a counter offer $50.00 more than
my
offer
my friend looks at me said take it worth way more then he is asking.
So
I
went inside sat down at the table got all the paperwork done and
counted
out
$16k in cash we both signed a sales agreement he signed the bill of
sale
we
shook hands and now I own me a late model 150.

Times
4030 Airframe
700 SMOH Engine Compressions 74,75,77,75
100 ON New Prop

All around condition a strong 7.5 may an low 8

Fresh Annual Done Right!! Nothing Deferred, Airplane Has New tires,
break
rotors, wheel Barings, fuel line, fuel strainer valves, fuel gages,
steering
rods and boots, starter clutch, and a lot more, yes it dose help to
get
another set of eyes on the airplane as we found 3 non airworthyness
squawks
little things that dont really need to be done buy are getting done
monday.
I know i am happy I kinda feel guilty at the price i go it for.

Thanks To All The Groups Here For Putting Up With Me And For All The
Excellent Advice.

Who cares about Krispy Kream we just got the largest HOOTERS in the USA here
ware there is a strip joint on every corner.


"Brad Salai" wrote in message
...
Can you really get 10,000 Krispy Kream doughnuts? Come on, lets give it a
try!

Brad
"Bill Denton" wrote in message
...
Couple of points:

The form had nothing to do with the bank. I guess you missed it, but 10
or
15 years ago regulations went into effect that required anyone
withdrawing
$10,000 or more from a financial institution had to fill out a form and
the
feds had to be notified of the transaction. The idea was to cut down on
the
drug trafficking and money laundering. Of course, your average coke
dealer
simply withdrew $9,995, went outside for a smoke, then came back in and
got
the other $5.00. So much for that idea!

As far as asking for the money a day in advance goes, that's just common
sense. Banks get robbed. The more money in the bank, the more money that
guts stolen. So banks try to limit their funds on hand to what they
think
they will actually need in a day. Try walking into your nearest Krispy
Kreme
and getting 10,000 donuts right now. It ain't going to happen! Krispy
Kreme
only makes the donuts the feel they will sell in a certain period of
time.
But if you call and order them, they'll be happy to whip out 10,000 for
you.

And for whoever might be of an argumentive bent, I already know how much
interest a zillion dollars earns in a nanosecond, but the "robbery"
example
is also correct, so let it go.


"MRQB" wrote in message
...
They had me fill out a form for the government! Told me that next time
to
call a day in advance so they could order the funds. They almost
refused
to
give me over 10k at once told them it was my money and i want it
now!!!!!!
I
said I dont care that I need to fill out a form to get my money so
give
me
my money or give me every thing in my account and close it they gave
me
the
amount i asked for was more then 16k that i was asking for.


I hate banks for that reason.


"Doug" wrote in message
om...
What did the bank say when you told them you wanted to withdraw 16k
in
cash?

"MRQB" wrote in message
...
Hello, all well I have been lurking and posting trying to find me
a
low
cost
time builder well I almost have up the hunt, I went to bed early
Thursday
night woke up about 4am logged on to eBay and to my surprise a
local
area
person posted a nice little low time 1976 150 called the guy at
5am
woke
him
up, he called back about 8 am I spoke with him settled on a over
the
phone
price, price dependant upon inspection.

A friend and I drove for about 4 hours to go look at this bird. We
got
there
before the seller and started poking around a old guy smoking a
cigar
came
out and asked you interested in that airplane, said maybe can you
tell
me a
bit about it. Said yea I can I just got done doing a major a major
annual to
it. Talked with him got all his info and he went away. The seller
showed
up
about 5 min later had all the logs back to new, I asked him if we
could
pull
it over to the mechanics hanger so I could inspect the airplane.
Now
is
ware
it starts to get interesting!

He hands me the keys and says' s taxi it over and ill get you guys
some
screw drivers well had a problem starting starter clutch went bad?
Seller
acted like he did not know about it but since it was going over to
the
shop
he had a A & P put a new one in and put an entry in the logs, Now
with
all
inspection plates removed and new starter clutch the 4 hours pre
buy
inspection is under way. Only 3 squawks were found but not an
airworthiness
issue's.

We put the plane back together and go review the log books well he
said
that
it was IFR certified well it was clearly not but it was in 1987.
There
was
no damage history neither was there any missing logs and all AD's
have
been
complied with. Went to the seller told him that it was not IFR
certified
and
started the negations. We settled on a cash price that was more
than
Fair to
me tell you the truth I'd have paid $5k to $7k more if I had more
money.

I went there with cash in hand for price we agreed upon over the
phone.
The
plane had 3 squawks and was not IFR certified as I was told It
dose
have
full IFR panel. I offered him a lower amount than we agreed on the
phone
due
to the discrepancies The seller declined after I started to walk
back
to
the
truck to go home. The seller made a counter offer $50.00 more than
my
offer
my friend looks at me said take it worth way more then he is
asking.
So
I
went inside sat down at the table got all the paperwork done and
counted
out
$16k in cash we both signed a sales agreement he signed the bill
of
sale
we
shook hands and now I own me a late model 150.

Times
4030 Airframe
700 SMOH Engine Compressions 74,75,77,75
100 ON New Prop

All around condition a strong 7.5 may an low 8

Fresh Annual Done Right!! Nothing Deferred, Airplane Has New
tires,
break
rotors, wheel Barings, fuel line, fuel strainer valves, fuel
gages,
steering
rods and boots, starter clutch, and a lot more, yes it dose help
to
get
another set of eyes on the airplane as we found 3 non
airworthyness
squawks
little things that dont really need to be done buy are getting
done
monday.
I know i am happy I kinda feel guilty at the price i go it for.

Thanks To All The Groups Here For Putting Up With Me And For All
The
Excellent Advice.

MRQB wrote:

Hello, all well I have been lurking and posting trying to find me a low cost
time builder well I almost have up the hunt, I went to bed early Thursday
night woke up about 4am logged on to eBay and to my surprise a local area
person posted a nice little low time 1976 150 called the guy at 5am woke him
up, he called back about 8 am I spoke with him settled on a over the phone
price, price dependant upon inspection.

Thanks To All The Groups Here For Putting Up With Me And For All The
Excellent Advice.


As one of the posters who gave you grief for your attitude in this, let
me say congratulations and many happy hours. Glad it finally worked out
for you.

I have purchased several houses with cash that were way over 10K and
have never had to fill out anything....

Jon Kraus
PP-ASEL
Student-IA

Bill Denton wrote:

Couple of points:

The form had nothing to do with the bank. I guess you missed it, but 10 or
15 years ago regulations went into effect that required anyone withdrawing
$10,000 or more from a financial institution had to fill out a form and the
feds had to be notified of the transaction. The idea was to cut down on the
drug trafficking and money laundering. Of course, your average coke dealer
simply withdrew $9,995, went outside for a smoke, then came back in and got
the other $5.00. So much for that idea!

As far as asking for the money a day in advance goes, that's just common
sense. Banks get robbed. The more money in the bank, the more money that
guts stolen. So banks try to limit their funds on hand to what they think
they will actually need in a day. Try walking into your nearest Krispy Kreme
and getting 10,000 donuts right now. It ain't going to happen! Krispy Kreme
only makes the donuts the feel they will sell in a certain period of time.
But if you call and order them, they'll be happy to whip out 10,000 for you.

And for whoever might be of an argumentive bent, I already know how much
interest a zillion dollars earns in a nanosecond, but the "robbery" example
is also correct, so let it go.


"MRQB" wrote in message
...


They had me fill out a form for the government! Told me that next time to
call a day in advance so they could order the funds. They almost refused


to


give me over 10k at once told them it was my money and i want it now!!!!!!


I


said I dont care that I need to fill out a form to get my money so give me
my money or give me every thing in my account and close it they gave me


the


amount i asked for was more then 16k that i was asking for.


I hate banks for that reason.


"Doug" wrote in message
.com...


What did the bank say when you told them you wanted to withdraw 16k in


cash?


"MRQB" wrote in message


...


Hello, all well I have been lurking and posting trying to find me a


low


cost


time builder well I almost have up the hunt, I went to bed early


Thursday


night woke up about 4am logged on to eBay and to my surprise a local


area


person posted a nice little low time 1976 150 called the guy at 5am


woke


him


up, he called back about 8 am I spoke with him settled on a over the


phone


price, price dependant upon inspection.

A friend and I drove for about 4 hours to go look at this bird. We got


there


before the seller and started poking around a old guy smoking a cigar


came


out and asked you interested in that airplane, said maybe can you tell


me a


bit about it. Said yea I can I just got done doing a major a major


annual to


it. Talked with him got all his info and he went away. The seller


showed


up


about 5 min later had all the logs back to new, I asked him if we


could


pull


it over to the mechanics hanger so I could inspect the airplane. Now


is


ware


it starts to get interesting!

He hands me the keys and says' s taxi it over and ill get you guys


some


screw drivers well had a problem starting starter clutch went bad?


Seller


acted like he did not know about it but since it was going over to the


shop


he had a A & P put a new one in and put an entry in the logs, Now with


all


inspection plates removed and new starter clutch the 4 hours pre buy
inspection is under way. Only 3 squawks were found but not an


airworthiness


issue's.

We put the plane back together and go review the log books well he


said


that


it was IFR certified well it was clearly not but it was in 1987. There


was


no damage history neither was there any missing logs and all AD's have


been


complied with. Went to the seller told him that it was not IFR


certified


and


started the negations. We settled on a cash price that was more than


Fair to


me tell you the truth I'd have paid $5k to $7k more if I had more


money.


I went there with cash in hand for price we agreed upon over the


phone.


The


plane had 3 squawks and was not IFR certified as I was told It dose


have


full IFR panel. I offered him a lower amount than we agreed on the


phone


due


to the discrepancies The seller declined after I started to walk back


to


the


truck to go home. The seller made a counter offer $50.00 more than my


offer


my friend looks at me said take it worth way more then he is asking.


So


I


went inside sat down at the table got all the paperwork done and


counted


out


$16k in cash we both signed a sales agreement he signed the bill of


sale


we


shook hands and now I own me a late model 150.

Times
4030 Airframe
700 SMOH Engine Compressions 74,75,77,75
100 ON New Prop

All around condition a strong 7.5 may an low 8

Fresh Annual Done Right!! Nothing Deferred, Airplane Has New tires,


break


rotors, wheel Barings, fuel line, fuel strainer valves, fuel gages,


steering


rods and boots, starter clutch, and a lot more, yes it dose help to


get


another set of eyes on the airplane as we found 3 non airworthyness


squawks


little things that dont really need to be done buy are getting done


monday.


I know i am happy I kinda feel guilty at the price i go it for.

Thanks To All The Groups Here For Putting Up With Me And For All The
Excellent Advice.

How long ago?

Did you withdraw the money from a financial institution or was it in a safe
or something similar?



"Jon Kraus" wrote in message
...
I have purchased several houses with cash that were way over 10K and have
never had to fill out anything....

Jon Kraus
PP-ASEL
Student-IA

Bill Denton wrote:

Couple of points:

The form had nothing to do with the bank. I guess you missed it, but 10 or
15 years ago regulations went into effect that required anyone withdrawing
$10,000 or more from a financial institution had to fill out a form and the
feds had to be notified of the transaction. The idea was to cut down on the
drug trafficking and money laundering. Of course, your average coke dealer
simply withdrew $9,995, went outside for a smoke, then came back in and got
the other $5.00. So much for that idea!

As far as asking for the money a day in advance goes, that's just common
sense. Banks get robbed. The more money in the bank, the more money that
guts stolen. So banks try to limit their funds on hand to what they think
they will actually need in a day. Try walking into your nearest Krispy Kreme
and getting 10,000 donuts right now. It ain't going to happen! Krispy Kreme
only makes the donuts the feel they will sell in a certain period of time.
But if you call and order them, they'll be happy to whip out 10,000 for you.

And for whoever might be of an argumentive bent, I already know how much
interest a zillion dollars earns in a nanosecond, but the "robbery" example
is also correct, so let it go.


"MRQB" wrote in message
...

They had me fill out a form for the government! Told me that next time to
call a day in advance so they could order the funds. They almost refused

to

give me over 10k at once told them it was my money and i want it now!!!!!!

I

said I dont care that I need to fill out a form to get my money so give me
my money or give me every thing in my account and close it they gave me

the

amount i asked for was more then 16k that i was asking for.


I hate banks for that reason.


"Doug" wrote in message
om...

What did the bank say when you told them you wanted to withdraw 16k in

cash?

"MRQB" wrote in message

...

Hello, all well I have been lurking and posting trying to find me a

low

cost

time builder well I almost have up the hunt, I went to bed early

Thursday

night woke up about 4am logged on to eBay and to my surprise a local

area

person posted a nice little low time 1976 150 called the guy at 5am

woke

him

up, he called back about 8 am I spoke with him settled on a over the

phone

price, price dependant upon inspection.

A friend and I drove for about 4 hours to go look at this bird. We got

there

before the seller and started poking around a old guy smoking a cigar

came

out and asked you interested in that airplane, said maybe can you tell

me a

bit about it. Said yea I can I just got done doing a major a major

annual to

it. Talked with him got all his info and he went away. The seller

showed

up

about 5 min later had all the logs back to new, I asked him if we

could

pull

it over to the mechanics hanger so I could inspect the airplane. Now

is

ware

it starts to get interesting!

He hands me the keys and says' s taxi it over and ill get you guys

some

screw drivers well had a problem starting starter clutch went bad?

Seller

acted like he did not know about it but since it was going over to the

shop

he had a A & P put a new one in and put an entry in the logs, Now with

all

inspection plates removed and new starter clutch the 4 hours pre buy
inspection is under way. Only 3 squawks were found but not an

airworthiness

issue's.

We put the plane back together and go review the log books well he

said

that

it was IFR certified well it was clearly not but it was in 1987. There

was

no damage history neither was there any missing logs and all AD's have

been

complied with. Went to the seller told him that it was not IFR

certified

and

started the negations. We settled on a cash price that was more than

Fair to

me tell you the truth I'd have paid $5k to $7k more if I had more

money.

I went there with cash in hand for price we agreed upon over the

phone.

The

plane had 3 squawks and was not IFR certified as I was told It dose

have

full IFR panel. I offered him a lower amount than we agreed on the

phone

due

to the discrepancies The seller declined after I started to walk back

to

the

truck to go home. The seller made a counter offer $50.00 more than my

offer

my friend looks at me said take it worth way more then he is asking.

So

I

went inside sat down at the table got all the paperwork done and

counted

out

$16k in cash we both signed a sales agreement he signed the bill of

sale

we

shook hands and now I own me a late model 150.

Times
4030 Airframe
700 SMOH Engine Compressions 74,75,77,75
100 ON New Prop

All around condition a strong 7.5 may an low 8

Fresh Annual Done Right!! Nothing Deferred, Airplane Has New tires,

break

rotors, wheel Barings, fuel line, fuel strainer valves, fuel gages,

steering

rods and boots, starter clutch, and a lot more, yes it dose help to

get

another set of eyes on the airplane as we found 3 non airworthyness

squawks

little things that dont really need to be done buy are getting done

monday.

I know i am happy I kinda feel guilty at the price i go it for.

Thanks To All The Groups Here For Putting Up With Me And For All The
Excellent Advice.

"Bill Denton" wrote in message
...
How long ago?

Did you withdraw the money from a financial institution or was it in a
safe
or something similar?


Bill Denton wrote:

Couple of points:

The form had nothing to do with the bank. I guess you missed it, but 10 or
15 years ago regulations went into effect that required anyone withdrawing
$10,000 or more from a financial institution had to fill out a form and
the
feds had to be notified of the transaction. The idea was to cut down on
the
drug trafficking and money laundering. Of course, your average coke dealer
simply withdrew $9,995, went outside for a smoke, then came back in and
got
the other $5.00. So much for that idea!

Now they track anyone making more that $xxxx worth of withdrawals/deposits
over a certain time period.

It's had a really significant impact, hasn't it.

Well, we're damn sure keeping those folks who run flea markets and other
small cash businesses under control!


"Tom Sixkiller" wrote in message
...

"Bill Denton" wrote in message
...
How long ago?

Did you withdraw the money from a financial institution or was it in a
safe
or something similar?


Bill Denton wrote:

Couple of points:

The form had nothing to do with the bank. I guess you missed it, but 10
or
15 years ago regulations went into effect that required anyone
withdrawing
$10,000 or more from a financial institution had to fill out a form and
the
feds had to be notified of the transaction. The idea was to cut down on
the
drug trafficking and money laundering. Of course, your average coke
dealer
simply withdrew $9,995, went outside for a smoke, then came back in and
got
the other $5.00. So much for that idea!

Now they track anyone making more that $xxxx worth of withdrawals/deposits
over a certain time period.

It's had a really significant impact, hasn't it.