“I know it’s required by law and I know they fill these forms out for a lot of people BUT not every name at the top of the form is the Governor of NEW YORK STATE! Had to be nerve wracking for the bank.”
As anti business as he was, they probably enjoyed it. Probably still having a good laugh in fact.
I suspect the bank reports these electronically from a data base of all suspicious accounts, could be wrong but I doubt the image of gleeful or coourageous bank officers is accurate. Just mindless compliance activity.