"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
The Best Way To Rob A Bank Is to Own It...
Submitted by A. Magnus on Wed, 2014-11-26 01:00
"n essence, Wells Fargo says that because it doesn’t have a record of the 30-year old legal financial instrument it doesn’t have to pay the sum owed. Moreover, they claim that even if the certificate was legitimate, First Interstate bank used to allow CD bearers to keep the CD after being paid out, so it may have already been paid. But Ronstein disputes this claim, noting that the CD clearly states the instrument must be surrendered to the bank at the time it is paid."
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