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- Deutsche Bank ‘Beyond Repair’ as Trading Drops - Autonomous Research
- Guggenheim Partners CEO Might Step Down
- Wachovia Customer Sues Wells Fargo Over FundSource Losses - Bill Singer
- Credit Downgrade for Wells Fargo Due to Fake Account Scandal
- CFTC Commissioner Quintenz Named Sponsor of the Technology Advisory Committee
- Harbour and Geneos Customers Win FINRA Arbitration Against Stockbroker - Bill Singer
- Equifax Suffered a Hack Almost Five Months Earlier Than the Date It Disclosed
- The World’s Biggest Wealth Fund Hits $1 Trillion
- At Jefferies, Like Wall Street, Trading Cedes to Banking
- Ex-SAC Trader Who Pleaded Guilty to Insider Trading Just Remembered He’s Innocent
- JPMorgan Turns to Amazon for Retail 'Customer Experience'
- Goldman Sachs Names Ken Hitchner as New Chairman for Asia Pacific
- Judge All but Tosses SEC Case Against ‘Rogue’ Trader And Ex-FBI Informant Guy Gentile
- 'Boys are #1 Among NFL's Most Valuable Teams
- Fake Tax Returns - Your Next Worry After the Equifax Breach
- FINRA DR Recruiting Arbitrators, Mediators at Congressional Black Caucus Conference
- JPMORGAN: Here's who we think will replace Warren Buffett at Berkshire Hathaway
- Mueller to Search Facebook for Russia-Linked Accounts
- Mark Gomes, Market Analyst and Trade Scalper Settles with SEC
- Equifax Waives Credit Lock Fees For Consumers, Amid Criticism
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NEWSLETTERS & ALERTS
Ohio Couple in Serious Need of Financial Advice – Starting with Preservation of Capital
CNBC News reported that workers at Goodwill Industries in Zanesville, OH, recently accepted a box of donated housewares – which, to their surprise, also contained a duffel bag filled with almost $100,000. To their further surprise, no one came hunting for the missing cash and the donor, Lynette Leckrone, was apparently unaware that the money was missing.
Earlier that day, husband Dan Leckrone had withdrawn the money - $97,004 to be exact –from the bank and put it in the trunk of the car along with clothes and other household items for donation. The couple is planning to move closer to Wheeling, WV, where they plan to buy a house. But why the withdrawal? According to Dan Leckrone, they “were taking the money to deposit it in another bank where we were moving to.”
Perhaps no one has ever told them about checks, certified checks or wire transfers. Time for some financial planning lessons.
[Click here for similar ‘war stories’: NYTimes]