Phil Graham was never able to reform the banking practice of holding your money for up to 2 weeks to obtain free interest in what is called the FLOAT. Any given day it ishundreds of billions of dollars.

The banks will electronicly take your money in 3 milliseconds but they insist upon using the same banking law that existed during the Pony Express when it comes to giving it back.

Poor Phil. but then again maybe the banks paid him to fail.