Message:

<p>[QUOTE=&quot;Azpatriot, post: 1265785, member: 32979&quot;]Might be but then if something happened inadvertently or otherwise to that money the first thing that happens is the son goes to the bank and sues....can see that coming from a mile a way and I am sure so would the bank. No different then people rushed into brokerage houses in 99/2000, if you were not making 15-20% a year the adviser or broker was a loser. People come in wanting tech...they get tech...market drops broker gets sued, like it was the brokers fault the tech bubble burst or 9/11 happened that made everything worse.</p><p><br /></p><p>No I am no fan of banks at all, they do none of us any favors; however people will sue if you look at them the wrong way...and they seldom go to court..nah they just settle and in this case the 25k/bank teller&nbsp;&nbsp; 45k/supervisor&nbsp; 75k/branch manager would all have lost they&#039;re jobs and been forced to pay they&#039;re deductibles on the E&amp;O insurance they personally have to carry....the bank would turn they&#039;re back on the employees and the would have been left out in the cold.</p><p><br /></p><p>They followed established procedural guidelines, they erred on the side of caution, if the lady don&#039;t like it go find another bank and have a nice day...If I was the bank would rather have that scenario and an article on some obscure internet site then a lawsuit. The bank provides a service to it&#039;s customers, that does not mean the customers can have whatever they want just because. The lady and the son don&#039;t like it&nbsp; they can move the account to another bank that will accommodate them, but I suspect as other have said there is a lot more to this story then the fear mongering article itself states.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in