concerned over the upcoming loss of records-- I wrote the President to urge a recommendation to "back up " the records before they are electronically lost.
Much has been said of the stimulus plan; and before that "tarp". My question is one of policy regarding the "tarp" residue.
It evolves from a message which I received from Morgan Chase from the Washington Mutual account which I had--and still have.
The message conveyed essentially the I could make "back up" copies until the first of March , 2009. Frankly my spending accounts are maintained by that system-- and the spending needs be preserved for my federal taxes, so while inconvenient it will be done. But it bears a question which extends not only to my spending habits of 2006 through 2008, but upon the mchanism of whether or not the bank records are available to me in the case of an audit; or to the fellow citizens who may require similiar records searches; and even more extended as the character of assurances which I understood for Secretary Paulson to assure for the People of the United States as Wamu was taken over by Chase.
I am urging you to recommend to the Secretary of the Treasury to issue an order to preserve those records by means and mechanism that it could serve for auditable purposes to any taxpayer or the United States Government. But no matter your decison on this subject, I would like to express how happy my family and I are that you now President.
------- text of message from the bank ---------------
Dear Eliot Gould,
Now that WaMu is becoming Chase, online access to your credit card
account will be moving to Chase Online (SM) effective March 9, 2009.
You'll have access to many of the services currently available at
wamucards.com (or wamu.com if you usually access your credit card
account through that site) including credit card account management,
online payments and email alerts.
After the move, you'll have the convenience of exciting new featuresAs we move your account to Chase.com, online access will be
-> Online Statements and Paperless Statements
-> Mobile Banking
-> Online enrollment in AutoPay
-> Management of employee spending limits plus online access for
employees (for Business card customers)
However, please note that your free FICO (R) credit score will no
longer be displayed, and only 3 months of transaction history will be
available online. If you wish to access your historical transaction
information currently available online, you will need to save,
download, or print it by March 1, 2009.
unavailable from March 4-8, 2009. If you'd planned to make payments
online at our site during that time, please make arrangements to log
in prior to that period to ensure that your payment reaches us by
the due date on your statement.
Important dates to remember:
-> Print or download WaMu transactions- By March 1, 2009
-> Online access unavailable- March 4-8, 2009
-> Log on to Chase.com- March 9, 2009