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<p>[QUOTE="Collector1966, post: 1265836, member: 17919"]I am appalled at the knee-jerk belief that if someone wants a wad of cash-- their money-- they're either a criminal or stupid. That just shows how conditioned people have become to automatically assuming the worst of someone they don't know just because that person does something financially out of the ordinary-- but perfectly legal-- like this.</p><p><br /></p><p>That woman could have any number of legitimate reasons for requesting cash, but I will cite two here. </p><p><br /></p><p>I have already mentioned that at 92, she has seen bank runs, the Savings and Loan scandal, at least 4 different stock market crashes-- (1929, 1987, 2001, 2009), as well as the the Lehman Brothers and related scandals. Merrill Lynch. Smith Barney. Bear Stearns. S&P. The big financial names that used to command respect have all drug themselves through the mud. So this woman has every right to have completely lost faith in financial institutions.</p><p><br /></p><p>On top of that, by taking cash, she can divvy up her inheritance any way she wants, while she's alive, and make sure that her heirs get exactly what she wants to give them.[/QUOTE]</p><p><br /></p>
[QUOTE="Collector1966, post: 1265836, member: 17919"]I am appalled at the knee-jerk belief that if someone wants a wad of cash-- their money-- they're either a criminal or stupid. That just shows how conditioned people have become to automatically assuming the worst of someone they don't know just because that person does something financially out of the ordinary-- but perfectly legal-- like this. That woman could have any number of legitimate reasons for requesting cash, but I will cite two here. I have already mentioned that at 92, she has seen bank runs, the Savings and Loan scandal, at least 4 different stock market crashes-- (1929, 1987, 2001, 2009), as well as the the Lehman Brothers and related scandals. Merrill Lynch. Smith Barney. Bear Stearns. S&P. The big financial names that used to command respect have all drug themselves through the mud. So this woman has every right to have completely lost faith in financial institutions. On top of that, by taking cash, she can divvy up her inheritance any way she wants, while she's alive, and make sure that her heirs get exactly what she wants to give them.[/QUOTE]
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