Not-so-safe deposit boxes

Comment #5

justxploring — Wed, 14 May 2008 23:07:58 GMT

<br />IMO this isn't a banking problem, it's a state government problem and mostly in the State of CA. Pure greed. They seize a heck of a lot more than just safe deposit boxes too. Here is the article from ABC. http://abcnews.go.com/GMA/story?id=4832471&page=1 <br />The woman with the box at BoA sued BoA and they settled. She had an account there, so BoA was probably at fault. I say "probably" because ABC said this: "Plus she has receipts showing she's the kind of person who paid her box... [ More ]

Comment #4

ThatScaryChick — Wed, 14 May 2008 19:11:06 GMT

So horrible. I never thought that just anyone could get into your safe deposit box. Well, I now will never get one. At least in the US.

Comment #3

Gentlespirit — Tue, 13 May 2008 23:17:11 GMT

I saw this on tv yesterday, and I couldn't believe it!!! I was one of those people who thought your valuables were safe in the safe deposit box. Well, I don't have one, and won't ever get one after looking at this!!!

Comment #2

pacattack05 — Tue, 13 May 2008 17:13:50 GMT

<br />That's like saying that because I have 10,00 in my checking account, and don't have any activity for 3 or more years, that it's now abandoned and they can take it. Unbelievable. If I didn't know any better, I would think I'm dreaming.

Comment #1

konane — Tue, 13 May 2008 16:41:01 GMT

Absolutely unbelievable .... government doing it just because they can .... no better than street gangs.

Original Blog Entry: Not-so-safe deposit boxes

time*treat — Tue, 13 May 2008 09:36:34 GMT

FDIC isn't all you have to worry about. The bankers love to tell you about the benefits of keeping your valuables under their thumb, but First National Mattress never pulls a stunt like this...

http://www.youtube.com/watch?v=UwFRPSPUo_w