That’s because the bank owes them to the depositor. To the bank they are a liability. To the depositor, they are an asset.
posted on 03/19/2013 9:06:43 PM PDT
(Barack 0bama: Implementing class warfare by having no class.)
To the bank they are a liability. To the depositor, they are an asset.
Seems we're heading toward a world in which the biggest liability of all is having assets.
posted on 03/19/2013 9:21:17 PM PDT
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson