THE SNUGBUS Archive

...and, there was a report on those a bit back

...and they told about loss, theft and all sort of bad things happening with peoples safety deposit boxes. Apparently, the boxes and rental thereof are not regulated at all, not like banks are, particularly FDIC banks. People had items stolen, boxes drilled and emptied, sometimes for a reason, sometimes by accident. The box contracts were written such that it was, oooops, so sorry, so sad...but nothing we can do (or you can do either)

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