Dubai Debt Issues Push Stocks Down
GMA: Adam Lambert, No; Chris Brown, Yes
Report: Wife Scratched Tiger Woods' Face, Chased His SUV; Update: Police Unable To Interview Couple Today
Family Gets Early Christmas Gift From Ellen DeGeneres
Street Artist Proposes on Subway Signage
What with all the bank mergers and closing, some people are pretty freaked and are cashing out their accounts. Or, as the Post puts it, "they're depositing their cash into Shoebox Bank and Trust." And there's even a picture of a guy with a shoebox full of cash: Richard Cruz did consider putting the money in his mattress but said it was "too last century...No one hides their money under a mattress any more. That's the first place people would look." Beside shoeboxes, safes are being more popular.
Some Opting for Shoeboxes Over Banks
add to stumble upon
add to reddit
tweet this
post to facebookComments (6) [rss]
Post a comment (Comment Policy)
Tips
Newsmap
Contribute
That's just stupid. Even my Chase savings account pays 1 percent these days. These people probably line their walls with aluminum foil too and are still eating the rations they stocked up before 1/1/00.
Safes are becoming more popular?
That guy doesn't need a shoebox, he could easily fit his life savings in his pocket, or a fanny pack, or a hundred dollar bill.
Just stuff your money in a High Yield Money Market account and wait. Most MMA's are FDIC insured
That's what I was thinking, too, glob. That guy could just put his money in his wallet and be done with it.
Next up: money mules. What better place to stash your money than inside of condoms snaking through the large intestine?