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Want to learn some interesting stuff about banks ?


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#1 nimblebear

nimblebear

    Welcome to the Dark Side !

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Posted 29 September 2008 - 10:50 AM

Try this.

Go to your local brick and mortar and request over $15,000 in cash on a Monday morning from one of your accounts.

Not a cashier's check, mind you. COLD HARD CASH. Franklin's baby, Franklins.

If you don't feel like a bank robber, after the experience, let me know. You will learn a lot. A whole lot. The bank manager was a total blabbermouth, and trying to get me to talk. The tellers looked scared. And were scrambling. This bank's stock is down over 20% today. I'm just one person, and there were no other folks in there. You will get tons of questions. Amazing. You'd think it was THEIR money, not yours. Remember, they are just doing this for your protection. (though I did have every check, several photo ID's, and my passpot in case they asked. They just wanted the DL though.

P.S. If you find any bank (other than a federal reserve bank) that doesn't have a run on it, with more than $15,000 in cash on hand that they ARE WILLING to give you, let me know that too. The bank manager tried to tell me that they only have 33% of depositor's actual money on hand in the form of liquidity at the Federal Reserve. And he expects me to believe that ? I doubt it's that high.

It's all digital I's and O's folks. As in IO U ! <_<
OTIS.