Margaret D. Edwards

c/o 739 Dalbey Drive

Las Vegas, New Mexico

Phone/Fax:  505-425-0659

October 21, 2002

                                                            By Certified Mail, Return Receipt

Direct Merchants Bank

P.O. Box 22128

Tulsa, Oklahoma 74121-4907                 Re:  Acct. No. 5458 0040 4138 2227

Gentle People:

            Your letter, dated October 17, 2002, fails to address the issues I raised in my letter to you.  Accordingly, I feel compelled to re-address the concerns which prompted that letter, as well as others augmented by additional disturbing information.

As I previously stated, it has come to my attention that Direct Merchants Bank and other banks within the Federal Reserve System have been perpetrating a fraud on the American public.  This knowledge has evoked some questions which I need answered before I continue to make payments on or use my Direct Merchants Bank card, regardless of the interest rate charged.  My questions are as follows:

1.  From whose account did you withdraw money in order to pay the vendors when I made charges to my account?

2.  Was the money created by my signing the voucher when I made the purchase?

3.  Is it Direct Merchants Bank’s policy to create checkbook money in amounts equal to the charges made by credit card customers?

4.  Does Direct Merchants Bank have on file a contract signed by me with a bona fide signature?

5.  Will Direct Merchants Bank provide a copy of the journal entry that is made when I make or have a charge?

Please respond, in writing, with particularity, within ten (10) days of the date of this letter, with answers to these questions.  If you fail to do so, I will assume that what I have heard is true and will, therefore, rescind my contract with Direct Merchants Bank, as I do not wish to be a party to fraud.

            Thank you in advance for your cooperation.  

Sincerely,

All Rights Reserved

Margaret D. Edwards

Without Prejudice UCC 1-207