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Old Yesterday, 02:23 PM
 
Location: El paso,tx
2,364 posts, read 890,016 times
Reputation: 3783

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Quote:
Originally Posted by rstevens62 View Post
So what purpose do they carry deposit insurance for then? What scenario would the insurance company be on the hook for the money?
If the back failed and went under. If it burned to the ground, was robbed, etc. Generally meant for bank failures/going under. Its federally insured (your money, up to stated limits).
Its not as if that particular bank keeps all of the money that is in savings or checking accts, there at the bank. Its used by the bank. But they guarantee your access to it.
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Old Yesterday, 02:42 PM
 
4,190 posts, read 7,909,052 times
Reputation: 5861
Jealous people make a big deal that they bought cars. Would you feel better if they had given all the money to charity?
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Old Yesterday, 02:49 PM
 
Location: Omaha, Nebraska
7,499 posts, read 4,305,718 times
Reputation: 18918
Quote:
Originally Posted by davidt1 View Post
Jealous people make a big deal that they bought cars. Would you feel better if they had given all the money to charity?
Since it was never their money, it doesn't matter what use they put it to. They had no right to use it at all.
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Old Yesterday, 03:05 PM
 
Location: Mount Airy, Maryland
10,683 posts, read 6,088,785 times
Reputation: 16776
Quote:
Originally Posted by Aredhel View Post
Since it was never their money, it doesn't matter what use they put it to. They had no right to use it at all.
I'll say it again, the stupidity of some members of this board is simply amazing. Without naming names it's getting to the point where I see a poster's name and automatically know they will post a stupid opinion.

Sure it was the bank's fault but that does not give the couple the right to spend money that was not theirs regardless of what they spent it on. That is illegal as it should be.

This is not difficult folks.
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Old Yesterday, 03:06 PM
 
Location: CA
2,727 posts, read 983,580 times
Reputation: 4346
Quote:
Originally Posted by davidt1 View Post
Jealous people make a big deal that they bought cars. Would you feel better if they had given all the money to charity?
LOL! You think people who are criticizing these idiots are jealous of them? Why would anyone be jealous of unethical people? It's not their money to give away, so no, it wouldn't have been better if the money had gone to charity.
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Old Yesterday, 03:11 PM
 
21,488 posts, read 17,065,776 times
Reputation: 40071
Quote:
Originally Posted by davidt1 View Post
Jealous people make a big deal that they bought cars. Would you feel better if they had given all the money to charity?
They werenít jealous, how silly. Just pointing out how stupid they really were. Itís poor person mentality, to blow a windfall on the stuff they did that quickly.
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Old Yesterday, 04:06 PM
 
Location: Rural NW Nevada
380 posts, read 194,938 times
Reputation: 1199
Many years ago i was depositing a check at the ATM for approximately $1,500. This was before they had the check reader that sees the check amount so I had to manually enter the check amount. I entered $1500 but it didn't take so I had to re-enter the amount.

When the transaction was complete it showed the deposit as $15,001,500! I knew it was obviously an error and figured it wound be corrected the next morning (it was) but in the mean time I had a deposit slip showing $15M in my account. I carried that slip around with me for many years thinking I might meet a pretty woman somewhere and I'd write my phone number on it and give it to her! That never happened and eventually the slip self-destructed.
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Old Yesterday, 04:28 PM
 
Location: Knoxville, TN
1,615 posts, read 678,291 times
Reputation: 2104
Quote:
Originally Posted by davidt1 View Post
Jealous people make a big deal that they bought cars. Would you feel better if they had given all the money to charity?
LOL. Not jealous, my cars are nice.

I just think it's funny that these people are so stupid and redneck that they bought 4 wheelers, a race car, and a camper. And they were stupid enough to spend it.
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Old Yesterday, 05:53 PM
 
5,398 posts, read 1,070,116 times
Reputation: 2155
Instead of going to Yale, they went to jail!
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Old Yesterday, 05:59 PM
 
13,970 posts, read 7,608,226 times
Reputation: 12724
Quote:
Originally Posted by davidt1 View Post
Jealous people make a big deal that they bought cars. Would you feel better if they had given all the money to charity?
Who is jealous of stupidity? Repaying the money as well the fees they racked up will likely take this couple decades.
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