The DEA should have seized your money until you could prove it was not proceeds from the sale of drugs.
Flashing back to money and banking class in the 70’s. Seems to me a healthy bank in those days would never roll their $$ (may have been restricted by regulation) more than seven times.
Heard on a heritage program a few days ago that the banks like Lehman had turned their deposits (reloaned) up to 40+ times when they failed.
They also said this couldn’t happen today because the “litmus test” passing banks will have no more than a 20 time exposure of loans to deposits.
Our money and banking system and our Federal Reserve with a congress and president as accesories after the fact is going down with all hands, there are no lifeboats.
Even so, Gold Standard, come! (while I contemplate the Dark Side of the Moon concert)
BS!!!
I always keep $80-100k in my checking account and have no problem getting large amounts of cash any time I want it, I just have to geve them notice so they can have iut on hand.