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Right. Which refutes seldo's conception that bank deposits are safe due to insurance or government guarantees.
by kylebrown 15y ago
Right. Which refutes seldo's conception that bank deposits are safe due to insurance or government guarantees.
- ubernostrum 15y agoThe deposit in question exceeded that which is guaranteed by FDIC. And your summary was flat-out disingenuous; you presented it as the bank suing the customer, when in effect it appears to be the bank seeking a court declaration that the bank's own security measures were not at fault, as a response to the customer's claims against the bank.