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To: IngotWeTrust who wrote (53009)5/19/2000 7:08:00 PM
From: Hawkmoon  Read Replies (2) | Respond to of 116844
 
True, especially when folks couple that "perspective" reinforced by my claim that it can be recovered for between $2.50 and $20 per troy oz by the small and nimble gold recovery enthusiasts.

And probably more assuredly than buy a 1/24th "share" of one of Roy and your's trommel loads from his personal "grubstake".

You guys still selling those shares for $100 a pop to unsuspecting travelers in those parts?

Regards,

Ron



To: IngotWeTrust who wrote (53009)5/19/2000 8:08:00 PM
From: Rarebird  Respond to of 116844
 
Any More Gamblers Willing to Testify?

American Express, MasterCard Aid Gambling, Suits Say (Update1)
By David Glovin

New York, May 17 (Bloomberg) - American Express Co.,
MasterCard International Inc., and banks such as Chase Manhattan Corp. and MBNA America Bank, have engaged in illegal bookmaking operations by allowing customers to amass credit card debts at illegal online casinos
, a series of lawsuits allege.

Gamblers who used their credit cards to wager $60 to more
than $10,000 at offshore casinos claim in 10 lawsuits filed in federal court that MasterCard, American Express and 10 other financial institutions are aiding illegal offshore betting parlors and should be barred from collecting the gambling debts.

The plaintiffs seek class-action status. Their complaints,
filed Tuesday in New York, are the latest in a series of similar lawsuits against MasterCard, Visa International Inc., and dozens of banks, all of which are pending in federal court in New Orleans.

The newest suits, which will be transferred to New Orleans,
are the first to name American Express and the 10 banks,
plaintiffs' lawyer James Johnson said.
``MasterCard's association with Internet casino gambling
enterprises is integral to the functioning of Internet gambling in the United States,'' one of the complaints said. ``Internet gambling would be difficult, if not impossible, to accomplish'' without the cooperation of credit card companies, the suit said.

Charge It

The credit card companies allow Internet users to charge
betting chips and gambling credits at unregulated cyber-casinos with names like Casino Depot and Planet Luck, the suit says.
Losses are charged to the bettors' credit cards.

The suits contend the casinos are violating U.S. telephone
and wire laws against unregulated gambling and that the credit card companies are aiding the renegade casinos. The plaintiffs have asked the court to declare their gambling debts void.

An American Express spokeswoman said the company would not
comment on the suit but, in general, does not allow its cards to be used for online gambling. A representative of MasterCard, which is an association owned and operated by its member bank, could not be reached for comment.

The other banks named in the complaints are Fleet Bank NA
Rhode Island, Central Carolina Bank & Trust Co., People's Bank Corp., Bank of America NA, Citibank NA, Citigroup Inc., and First USA Bank.

quote.bloomberg.com