Some of you might have heard on the news or read in the newspaper about the current bookkeeping mayhem that TD Bank has committed against some of its customers. TD, which absorbed Commerce Bank a few months ago, in the last week has changed over all the Commerce customers to the TD computer system. The result is that some folks have been writing checks against funds they deposited but TD's system isn't, or hasn't in timely fashion, credited to their accounts. The lines are long in New York outside the TD branch offices as the checks are bouncing higher than the Empire State Building. I just wanted to let you folks know that I have been keeping an eye on the AGA accounts during this computerized calamity and we appear to okay. Luckily, I didn't place any deposits by hand during what
will be known in some circles as the 5 days of the banking black hole during which there was limited computer access to TD, account records were expelled into the nether regions of of the universe, and deposits slipped through anomalies in the space-time continuum.
Our accounts are reconciled, even if our fiduciary expectations are not.
Some of you might not have heard about any of this inasmuch as this news of most nonbanklike banking event was displaced by the much more important news such as David Letterman's sexual transgressions and whether Chicago will win the international competition to lose a billion or two hosting the 2016 Olympics. And you thought producing a convention was difficult! ;)
As it says in the HitchHiker's Guide, Don't Panic and always know where your towel is,
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