cheapbag214s
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Joined: 27 Jun 2013
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Posted: Wed 12:40, 31 Jul 2013 Post subject: -A Safe May Be the Safest Place for Your Emergency |
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given to the bank whatever property he has put into that deposit box. When times are good people will be allowed open access to their safe deposit box and the property that is in it. This also applies to their bank accounts. But when times get really bad,[link widoczny dla zalogowanych], many may find that the funds they have placed on deposit and the property they thought was secured in the safe deposit box now belong to the bank, not to them. Although this was probably not explained to them when they signed their signature card,[link widoczny dla zalogowanych], this is what they were agreeing to.During the Great Depression in the early 1930's people thought that many banks were going to fail. They were afraid they would lose their money so they went in mass to take it out,[link widoczny dla zalogowanych], in what is known as a run on the banks. The government closed the banks to protect them from angry depositors who wanted their money back. Throughout history,[link widoczny dla zalogowanych], governments have acted to protect the interests of banks and the wealthy people who own them,[link widoczny dla zalogowanych], not the interests of depositors or box holders.In a
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