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[RT] GEN: IMPORTANT INTRUST HEARING



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----- Original Message -----
From: charles meyer <chmeyer@xxxxxxxx>
Sent: Friday, September 21, 2001 5:06 PM
Subject: IMPORTANT INTRUST HEARING


> Group:
>
> Please find below; the following informational text.  Also, please find
> attached; copies of two letters.  The letter titled 'O'Malley Letter' is a
> copy of the one I am sending to him.
>
> The other letter titled 'Individual O'Malley Letter' is substantially the
> copy of a letter being sent by another individual.  This letter can be
used as
> the basis for composing your own letter; or integrating with such.
Another
> quick alternative is several sentences saying that your sentiments are
best
> expressed in the Meyer Letters.
>
> This information speaks for itself and gives us a good shot at recouping
> our losses.
>
> Thank you.
>
> Chas
> ============================================================
>
> Please note that immediate action is required.
>
> You are urged to encourage ALL OF YOUR CLIENTS to send a letter to Senator
> Patrick O'Malley, (see the address below), expressing your feelings on the
> State of Illinois Office of Banks and Real Estate's (OBRE) actions in
> conjunction with the Intrust matter.  To be helpful, these letters need to
> be received by the Senator's office prior to the hearings which are
> scheduled for Oct 2nd which doesn't leave much time.  It is suggested that
> each participant in a joint account send their own letter, along with
> separate letters by guardians on behalf of each child's account.
>
> Arguments have been previously presented that only 1,200 accountholders
(7%
> of Intrust's total accts) are objecting to the manner in which their
> accounts have been treated.  It is essential that 5 to 6 times that amount
> write letters to Senator O'Malley's office to voice their support of his
> inquiry and to express their concern.
>
> It is extremely important that there be a show of support in this matter.
> The greater the show of support, the greater the possibility that the
State
> will have to assist with the allocation.
>
>
> DETAILS on Hearing:
> Senator Patrick O'Malley, who chairs the Financial Institution Committee
for
> the Illinois Senate, which has oversight of the OBRE, has called for
> hearings on the Intrust/OBRE matter.   The hearings are to held on
Tuesday,
> October 2nd at 10:00am at the following location:
>
> State of Illinois Building
> James R Thompson Center State of Illinois Building
> 100 West Randolph Street,
> 16th Floor, Room #503
> Chicago, IL  60601
>
> The Senator has already stated on television that if OBRE acted
improperly,
> that the State should step up and provide relief to those who have been
> hurt.
>
> IMMEDIATE ACTION REQUIRED - TIME IS OF THE ESSENCE
> Please strongly encourage your clients, those living in Illinois and those
> out of state, to either send letters to Mr. O'Malley's office immediately,
> or to personally attend the hearings if they live within reasonable
driving
> distances.
>
> Contact information:
>
> Illinois State Senate 18th District
> Senator Patrick O'Malley (R)
> 12314  S. 86th Avenue
> Palos Park, IL 60464
> Telephone: 708-923-1818
>
>

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Attachment: Description: "Individual O'Malley Letter.doc"

Attachment: Description: "O'Malley Letter.doc"