||> Date: Mon, 2 Jul 2012 18:48:32 -0300
> From: firstname.lastname@example.org
> Subject: Confirmation. . . . .
> Confirmation. . . . .
> It is a great pleasure to have the opportunity to write you again
> today. My remarks will focus on how I think about Waiver Deduction
> monetary policy in today?s challenging economic environment. As part
> of this, I will discuss how this simple policy rules might
> appropriately be used as a guide to decisionmaking. I do this not
> because policy rules play a dominant role in my own thinking, but
> because the use of these tools is widespread, with many framing their
> arguments this way. To start with the punch line, although I believe
> simple policy rules can provide useful input into the policymaking
> process, it would be unwise to rely on them mechanically. As always,
> what I have to say today reflects my own views and not necessarily
> those of the Federal Open Market Committee (FOMC) or the Federal
> Reserve System.
> This is why promoting financial stability is an important objective of
> the Federal Reserve, and other central banks around the world.Policy
> must strive to promote the dual mandate objectives of maximum
> employment and price stability given to the Federal Reserve by
> Congress. I believe that this should be done in a transparent and
> systematic manner because this will help us to achieve our objectives.
> In particular, a well-articulated framework for policy that explains
> our goals and how we use our tools to promote these goals helps market
> participants, businesses, and workers to anticipate how the Federal
> Reserve will respond under different circumstances and plan accordingly
> Let me preface these remarks by stating that the views expressed in my
> written with regards to waiver deduction procedure are solely my own
> initiatives and do not represent official views of the Federal Reserve
> Board, the Federal Open Market Committee (FOMC) or any other part of
> the Federal Reserve System. Additionally, because I am precluded by
> law from discussing confidential supervisory information, I will not
> be able to speak about the financial condition or regulatory treatment
> or rating of any individual financial institution.
> With the introduction of Waiver Deduction Procedure, This helps to
> anchor private sector expectations in ways that make it easier to
> achieve the dual mandate objectives. In contrast, if we acted in an
> unpredictable way, policy would be ineffective at anchoring
> expectations and this shortcoming would disrupt the transmission of
> the monetary policy impulse to the real economy.
> I know you must have been frustrated by the development but i want to
> let you know that it is purely for your own benefit because there is
> no bank that will remit such amount of money without proper
> verification and the more we are wasting time the more this fund will
> be classified as illegal deposit, i will appreciate you call me on my
> official direct number ( 646 233 3626 ) for more explanation
> Waiting for your urgent reply
> Best regards
> Mr. William Dudley
> President of the Federal Reserve Bank of New York
> Vice-chairman of the Federal Open Market Committee
> The Federal Reserve Bank of New York
> Email: email@example.com
> Phone: + 1 347 708 1591
> Fax: + 1 347 270 8992
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