It could happen to you too
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It could happen to you too
1–10 of 85 posts
Re: It could happen to you too
#2[deleted]
Re: It could happen to you too
#3Austin-based developer evangelist here..
If your wife needs a hand, don't hesitate to drop me a note. I'm happy to do a grocery run, make introductions, or whatever.
Re: It could happen to you too
#4The title suggested to me that Chase had handed over the writer's assets to the writer... reading the article, it's exactly the opposite of a happy ending.
Not surprising, but alarming. More alarming, I think, is that it's not surprising.
Re: It could happen to you too
#5You should always have assets at multiple banks and have lots of cash stored outside of the banking system (in a safety deposit box, at home, in car, etc).
*note: be careful about how you accumulate said cash. CTRs are generated if you withdraw too quickly.
Re: It could happen to you too
#6Well, there's yet another good reason to stick with local credit unions whenever possible. If they have no presence in another jurisdiction, they're unlikely to comply with any of that nonsense.
Re: It could happen to you too
#7You should always have assets at multiple banks and have lots of cash stored outside of the banking system (in a safety deposit box, at home, in car, etc). *note: be careful about how you accumulate said cash. CTRs are generated if you withdraw too quickly.
I agree. Far too many people I know keep less than $20 in cash on them, with nothing at all in their houses/apartments.
Re: It could happen to you too
#8I never had that scale of problem with Chase, but had enough smaller interactions over the years that I jumped last year. I started as a Washington Mutual customer years ago. Putting aside the massive mismanagement going on at the top, their customer service was impeccable. I couldn't have been happier until they went under and got bought my Chase.
I've been a Charles Scwab customer for the last 2 years. Great bank. Excellent customer service, ATM fee refunds each month, direct tie-in to investment accounts if you do that. Highly recommend them if you are looking to switch.
Re: It could happen to you too
#9Apparently this is written by the co-founder of Ars Technica.
Re: It could happen to you too
#10You should always have assets at multiple banks and have lots of cash stored outside of the banking system (in a safety deposit box, at home, in car, etc). *note: be careful about how you accumulate said cash. CTRs are generated if you withdraw too quickly.
I wonder if a weekly withdraw/deposit of 10k in cash would provide some identity protection, if the feds are constantly watching all of your financial activity.