Original sentence: On January 29, 2015, the FDIC issued a Financial Institution Letter that states "The Federal Deposit Insurance Corporation (FDIC) issued a Financial Institution Letter today encouraging supervised institutions to take a risk-based approach in assessing individual customer relationships, rather than declining to provide banking services to entire categories of customers without regard to the risks presented by an individual customer or the financial institution's ability to manage the risk.The Washington Times says this letter "effectively ends Operation Choke Point
Edited sentence: It is deliberate doubletalk intended to mislead.On January 29, 2015, the FDIC issued a Financial Institution Letter that "effectively ends Operation Choke Point.Quoting from the above mentioned letter:"The Federal Deposit Insurance Corporation (FDIC) issued a Financial Institution Letter today encouraging supervised institutions to take a risk-based approach in assessing individual customer relationships, rather than declining to provide banking services to entire categories of customers without regard to the risks presented by an individual customer or the financial institution's ability to manage the risk.This does NOT put an "effective" end to Operation Choke Point.Why anyhone at Forbes was fooled by the statment remains a mystery