Home Safe Sales Soar As Trust In Banks Collapses

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Financial crisis: Home safe sales soar as trust in banks collapses
Worried savers are taking their cash out of banks and investing in home safes in an attempt to beat the current banking crisis.

Sales of household safes have soared as the ongoing economic downturn has seen the markets collapse and banks pushed into hasty mergers.

Russ Reader, managing director of Leigh Safes said: "It's simple, if there is a lack of confidence in banks buy safes and put the contents on their home insurance.

"We've seen a 25 per cent increase in sales and inquiries over the last four weeks, in particular for higher-grade safes that insurance companies approve for larger sums."

Safe companies claims sales began to rise following the troubles with Northern and Rock and increased again following the Bradford and Bingle
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Why Wall Street CEO’s Must Go To Jail And Pay back Billions In Bonuses

“The truth is, through criminal neglect and competence, the people at the
top of these firms chose to look away, to take more risk, to enrich themselves
and to put shareholders and indeed, the country itself and the country’s
economy at risk. It is truly not only a shame, it is a crime” - 60 Minutes

Forget the blame game, forget the justified rants of anger. US taxpayers were asked to risk $700 Billion for a Wall Street bailout that may not even work - but do they really know why?

The rest of the world has been swept up in this crisis, with citizens all over the world afraid their banks are going to shut down - but do they really know why?

I’ll get to the why in a second.

In the meantime, as the world sweats, CEO’s at Lehman, Bear Stearns, AIG, Fannie, Freddie, etc., etc. each walked away with tens and even hundreds of millions of dollars in cash and stock. Lehman CEO, Richard Fuld, himself walked away with $480,000,000 (yes, 480 million) since 2000. That equates to $60,000,000 per year for a guy that drove Lehman into bankruptcy and significan
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