Banking
Aug. 30, 2001
The Big Freeze
By Leonard Novarro
Small-business owners Francis and Sara Chang were jolted. As they were about to close a multimillion dollar deal, which required only a transfer of $100,000, the transaction was denied because the accounts were inexplicably frozen. No explanation. No warning. Just the word "frozen."
"...
Small-business owners Francis and Sara Chang were jolted. As they were about to close a multimillion dollar deal, which required only a transfer of $100,000, the transaction was denied because the accounts were inexplicably frozen. No explanation. No warning. Just the word "frozen."
"...
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