Timeline for Who uses safe deposit boxes?
Current License: CC BY-SA 2.5
9 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Oct 31, 2010 at 21:00 | comment | added | E.J. Brennan | The article is baloney, no way a bank is going to open a safe-deposit-box and confiscate the contents because of a "financial event". Turn over the contents to the FBI/CIA as part of a terror investigation? maybe. | |
| Oct 23, 2010 at 17:56 | comment | added | Eclipse | @mbhunter, do you have any reputable sources of such a confiscation? I can't find much outside of people selling something. | |
| Oct 23, 2010 at 16:20 | comment | added | mbhunter | @Eclipse, perhaps, but it's not exactly the same situation. Forced reimbursement (FDR-style) is one thing. Confiscation is entirely different. There is no reimbursement. Under normal circumstances, things are better protected in a safe-deposit box than in a safe at one's residence, but these aren't normal circumstances we're talking about. This is stuff hitting the fan circumstances. | |
| Oct 22, 2010 at 17:06 | comment | added | Eclipse | +1 for most of what you're saying, but as an aside, the article about gold is a poorly researched PR-job for Bullion Vault. If the government were to ever force all private citizens to sell their gold to the government, it wouldn't matter if you had it in a safe-deposit box. Hoarding it wouldn't help, as its value lies in being able to sell it. | |
| Oct 20, 2010 at 18:20 | comment | added | James | I had the problem of getting a will out of safe deposit box. It took months to go through the procedures. | |
| Oct 20, 2010 at 17:04 | comment | added | myron-semack | A fireproof safe in your house doesn't do much good when the house catches on fire and collapses on top of the safe! Most low cost safes are only rated for <1hr of fire protection too. How long will your house burn before the fire is out? | |
| Oct 14, 2010 at 17:54 | comment | added | Matthew Jones | I have a fireproof safe, and I keep thinking that thieves could just walk off with it. I'm waiting for my local bank to get some safe deposit boxes available. | |
| Oct 14, 2010 at 11:49 | vote | accept | Vitalik | ||
| Oct 14, 2010 at 6:21 | history | answered | mbhunter | CC BY-SA 2.5 |