".. why not create a new section for the bankers to air their grievances, as their outlet for relief? A pressurized cooker has to find a safety vault to release the steam in order to avoid explosion. This is an effective way to handle the high pressure they are facing. Tell somebody with their names under disguise.."

In "International Discussion: The future of the LC" N.D. George says:

"..It is the greed of European bankers that has put off LC applicants from the above markets to seek alternate modes of financing when dealing with Europe. When it comes to collecting charges I can say imagination runs wild in the European market.."

This page offers the possibility to "release the steam". Send an e-mail to: lcviews@lcviews.com and remember: on this page postings will be anonymous - and names will be changed / disguised.