Carlos Hank Rhon, Keeping in Touch with Some Basics as to How Banks Operate

There are some people who may wish to know a little about what banks are all about, especially when these financial institutions have had to swim in rather troubled waters just lately.

Banks are here to make money so isn't Carlos Hank Rhon. It is hard to manage without them, and it is hard for them to manage without us. On the face of it, this looks like a marriage made in heaven. However, since all marriages are based on absolute trust and hate turbulent situations, and because these two features seem to be coming into play, it is not surprising that this is causing a certain amount of concern to depositors.

Basically, a client places money into his account. The bank will lend that money to other clients and make a profit on the deal. If the client banked say 000, the bank can lend 000 out because they must maintain a 10 per cent cash reserve ratio. In other countries, the cash reserve ratio requirement can be higher or lower. Any country can decide to alter the cash reserve ratio if needs be.

There is nothing to stop a bank to set aside more than the required minimum, meaning having excess reserves. It is not particularly rewarding for banks to do this, since they get no interest on that money, albeit they can channel it out on short and overnight terms to banks which need to maintain their minimum reserve ratio.

Getting back to that 000 the bank can lend out, and let us say grant overdrafts but creating of course a liability factor, as the bank has to pay out whenever the various borrowers issue their cheques.

The position of the bank is that it has a total cash sum of 000 received.
However, it has lent out deposits of totalling 000. Add this together and you get a figure of 0000 representing total assets which are the 000 in overdrafts plus the original 000 cash received, which of course includes the required 10% reserve.This article is enhanced by Carlos Hank Rhon and the banking industry.

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Carlos Hank Rhon, Garritan Launches New Software Musical Instruments Division and New Software Musical Instrument Products

03/29/2008 Europe/London +0100 BST

Carlos Hank Rhon, Garritan Launches New Software Musical Instruments Division and New Software Musical Instrument Products

The company is previewing a virtual Steinway Piano, in collaboration with Steinway and Sons, the most respected name in pianos. Also being shown is the new Concert and Marching Band -- a complete collection of software band instruments to create realistic-sounding band arrangements. It includes trumpets, trombones, sousaphones, snare drums and drumline, cornets, saxes and many other instruments.

Also being shown is the Gofriller Solo Cello, which sounds like one of the best cellos ever made. Exclusive "Sonic Morphing" technology makes this a uniquely expressive and playable instrument. Morphing describes what can be seen in motion pictures where there is a gradual transformation from one image into another and this basic concept has been applied to sound samples allowing the samples to provide expressive performance.

At CES, Garritan will be previewing a new sampler with a unique and intuitive user interface. It allows the user to select, load, manipulate and mix software and sampled instruments in one single graphical environment. Garritan will also be showing its popular Garritan Personal Orchestra, a complete orchestral collection for a computer, and the Jazz and Big Band collection. Consumer versions of these products are planned.

About Garritan Libraries
Garritan is a leader and innovator of sample libraries and soundware. Garritan has received multiple industry awards and numerous accolades in the music press and among professional musicians. Garritan Libraries are used in classes at leading music colleges and universities. Its flagship product, Garritan Personal Orchestra, has won accolades from celebrity musicians and music press alike. Garritan software instruments are used in a variety of applications: from popular TV shows, film and attractions to video games, live concerts and ballets. For more information about Garritan instruments, and to hear a wide array of demos,

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Carlos Hank Rhon, RegiSoft and MoBank Announce the Release of a New Application for Mobile Banking and Home Loans

12/19/2007 Europe/London +0100 BST

Carlos Hank Rhon, RegiSoft and MoBank Announce the Release of a New Application for Mobile Banking and Home Loans

Plymouth, MI, USA (PRWeb) January 10, 2007 -- Today MoBank Inc. announced the release of its latest application: the Mobile Lead Generator v.1.0. The application is another step in becoming a complete bank in the palm of your hand. The mission of MoBank - short for "Mobile Bank" - is to improve the lives of customers by providing fast, secure and reliable access of consumer loans to qualified borrowers via the mobile phone.

MoBank was founded by RegiSoft and Fred K. Busse, a Mortgage industry veteran who was a pioneer in the Online Home equity line of credit (HELOC) market during the 90's introducing the first loans to be underwritten and approved in minutes and funded on line within 20 minutes. MoBank utilizes cutting edge telecommunication and internet applications and offers both homeowners and non-homeowners access to loans even with less then perfect of credit.

"This latest edition to our technology targets less than median income renters who have had limited access to banks, and assists them in achieving first time home ownership" said MoBank CEO Fred K. Busse. Research has shown that this target population has easier access to mobile phones than they do to the Internet or to traditional banking channels. In addition, adds Busse, "Americans are on the move, and we don't think it should take days or weeks to apply for and receive a loan. The mobile is faster, more convenient, more personalized, always with you and much less expensive than the Internet."

The application is currently written in English and Spanish geared towards the Latino/Hispanic and African American minority segments, however, the language of the application can be changed to cater to any loan application or target group's needs in a matter of days."

The application works as follows: a potential home buyer is lead through a questionnaire via mobile texting. At the end of the questionnaire, once initial valuable information has been gathered on the applicant, MoBank transfers the applicant to a loan officer that speaks his/her language for the final confirmation of the loan.

Keep your eyes on MoBank as their applications are currently being discussed in negotiations with some of the nation's largest lenders, auto dealerships, student loan lenders, homebuilders, Servicing Delinquency Departments, etc. It seems the possibilities are endless.

About MoBank
MoBank, Inc. was formed as a mobile, on-line mortgage bank, specializing in the utilization of advanced mobile telephone and internet applications to garner market share, reduce costs to close, and increase profit margins of consumer loans. MoBank is in the business to offer five portfolio loan products on-line: Home Equity Lines of Credit, Home Equity Loans, Unsecured Personal Lines of Credit, Unsecured Personal Loans, and 125% Home Equity Loans. MoBank is prepared to take a quantum leap forward in the evolution of on-line lending. Aside from rate reduction, borrowers reap no added benefit from high credit scores - until now. Borrowers with qualifying scores not only receive lower rates, but they can receive their funds at the same time of the approval. MoBank is about to leverage its mortgage banking platform to auto finance, student loans, homebuilder's needs, delinquency and collection departments and will have the ability to write the technology in any language or dialect in the World.

About RegiSoft
RegiSoft is a technology provider and developer of innovative VAS solutions for the mobile marketplace. Its flagship product, the World Trade Server™ is a middleware platform that links businesses with their customers through the mobile network infrastructure. RegiSoft solutions address the various business needs of network operators, service providers, retailers, vendors and media, looking to deploy new mobile services to create alternative sources of revenue and to interact with their customers with personalized solutions to suit their needs and requirements. To complement the World Trade Server™ middleware, RegiSoft has developed end-to-end mobile application solutions such as mobile marketing, interactive services, mobile loyalty programs, personalized mobile content distribution, mobile ticketing, mobile surveys and mobile parking - among others. RegiSoft has commercial projects in Asia Pacific, Europe, South Africa, Latin America and the USA. For more information:

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