Welcome to Cyprus. Give us 9.9% of your bank account.

Quote from nutmeg:

My aunt died and left about 600 bucks in a bank down in florida. I couldn't get the money out. Well I could if I hired a lawyer for $2500. I figured I'd just wait the 2 years when the unclaimed funds are returned to the state and file a claim then.

The bank failed and was taken over by some other bank and pfftttt everything disappeared. Dirty dogs...:mad:

Had one other incident when John Hancock demutualized, grandma died and I never could get the money left over. Again about $600 bucks, maybe 8. It's not impossible to recover the money, it's friggin impossible.
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When my mother died in 1999 she had $800 in a B of A account. They turned it over to me after a certain amount of time had passed and I filled out the requisite paperwork.
 
this is lunacy

If you owned shares of the failing banks, or bought their bonds, no problems. If you saved money and deposited it there, well then you have to pay.
 
Quote from Mav88:

this is mind blowing

so what about federal deposit insurance when the government can just take some when they want? what's the point of insurance?

the only question is, when will reid and pelosi propose it?
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They'll propose it when a bank outside the US insists on it as a condition of the US receiving bailout money.
 
Quote from nutmeg:

It's so ironic, we get a black president and gun and ammo sales go through the roof. Re elect a black president, safe sales go through the roof. Hide your valuables......hang on to your purse.

just sayin....:D
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It's not a black President we've been flipping out about. it's the NAZI/COMMUNIST President we've been flipping out over. Hermain Cain wouldn't have caused a run on guns, ammo, and safes like oNazi has.

Herman Cain's dirty socks would be a better candidate for US President than this sack of communist shit oNazi.
 
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