Replies to post #6882 on Washington Mutual Preferred fka WAMPQ

[cents2ks]

In a new WALK IN VAULT in my OWN HOME... ;-)

"I might also convert $500K to Gold bullion, and lock it up in a safety deposit box."

[Land Agent]

Back in the 1930's and the banks closed -- the safe deposit boxes'contents were lost to the owners of said contents -- employees just stole the contents -- our box full of gold coins was stolen by crooked bank employees -- when the bank re-opened the box was EMPTY -- LAND --

[Stock Vader]

Even safety deposit boxes aren't safe. the state of california, for example, has stolen peoples stuff out of their safety deposit boxes IF those items have been sitting in a box untouched for a couple of years. They even cashed out an elderly couples Berkshire stock for several million.

[Land Agent]

The crooked banks can get away with anything AND look what the FDIC did to WASH MUT -- bury the gold -- it won't rust -- IMO --