"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
How Safe Is Your Safe Deposit Box?
Submitted by Derek Henson on Fri, 2008-07-04 16:00
Not very. "California became so addicted to spending people's money, that, for years, it simply stopped sending notices to the rightful owners. ABC News obtained a 1996 internal memo in which the lawyer for the Bureau of Unclaimed Property argued against expanding programs to notify rightful owners. He wrote, 'It could well result in additional claims of monies that would otherwise flow into the general fund.'" (3 pages, Editor's pick)
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