Jan 1st 2008, 22:29 LNL L&L Financial Services
by Lindsay Druart

Weekly Update

As stated in my previous reports over the last few months, we decreased interest rates in December to 1/10th of what we had offered in previous months. This was done to cut expenditures while rebuilding revenue streams as well as due to the interest rate drop in our RL USD money market reserves that resulted from the recent crash of the subprime mortgage industry in the US. In response to this, we are liquidating our USD holdings and focusing heavily on the SL economy for our growth. Once we reach 100% reserves, we will then venture back out into other currencies such as the USD, Euro, and others.

The goal is to reach the 1% weekly interest rate within 90 days. Effective January 17th, the 120 and 365 day CD will be retired and no longer available for purchase. CD purchased before then will mature at their rates but no new ones will be issued. We will be doing forecasts based on income weekly to determine when increases will be made.

L&L Bank and Trust Global Exchange is well under way as we have gotten our license cleared and disclaimers approved. This is another portion of the standing exchange and is not what most think it is, but then again, it is....but with a twist. Our branch should be open within 2 weeks but the changes to the currency exchange will be seen after that.

I am starting to like teasers.....

Feel free to ask questions about anything coming with L&L Bank and Trust and I will be more than happy to provide as much information as I can.

Sincerely,

Lindsay Druart, CEO
http://www.myllbt.com
lindsay.druart@gmail.com