(Easy) Cryptoquote Spoiler – 08/16/12

Accountancy (Photo credit: bradlauster)

“There is nothing so simple that it cannot be made difficult.”   —   Merle P. Martin

(We’ve got a live one, folks!  A Professor of Accountancy, who who has written both technical books AND poetry!  That’s all I know about him.  As a cryptoquote, this was so easy I didn’t even need to write it out.  Some days are like that.  Hopefully, we’ll be more challenged tomorrow.  Be well and do good, friends.)   —   YUR

PS.  Wall St. banks and institutions are intentionally delaying crediting to client accounts, in order to benefit from the float.  They are counting on No Demand, No Delay.  Compensation can always be claimed, but they know that only a small percentage of those owed will do so.  And, financial information services are complicit in this.  They routinely post inaccurate rates, resulting in – initial – underpayments.  The problem has become nearly systemic, and the regulating bodies continue to be toothless tigers.  Things were supposed to get better after the bailouts of 2008.  Too bad that narrative doesn’t match the reality.   —   YUR

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