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FakeNoose

(40,985 posts)
1. The bank is at fault, it's their liability
Tue Feb 17, 2026, 09:34 AM
Tuesday

But it wasn't the bank's assets that were taken, it's the private deposit box holders' property.

The bank has no way of knowing what was in those deposit boxes, since the owners' are assured of privacy. They might have had cash in there, or jewels, valuable works of art, or just items that have value only to them and nobody else. It's the same thing in the US. How does the bank compensate for these losses?

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