Your co-worker, Larry, cornered you in the lunchroom- he is getting ready to take out his first car loan (for a brand new ZipBang, with all of the options including rich Corinthian vinyl seats). Larry approaches you and indicates that since you're taking ECN 360, you probably know a bunch of stuff about bank and consumer regulation. His real concerns are around 'how safe' and 'how well regulated' all of the transactions are in a local bank, reasons that he needs to either be skeptical or trust the banking system, and worries about putting all of his personal financial information into a credit application (including the stuff in his credit report). Remember, Larry lives in the deep woods of the next county over- he worries about things like government overreach and doesn't really trust computers. So, help your co-worker out- what can you tell him that will ease his concerns about the protections that are in place for him as a consumer, a bank customer and try to address his 'government overreach' fears (well, and still have time for your lunch, including that slice of Aunt Bea's apple pie you've been drooling over)