Investors seem to be heading for the mattress and safety deposit boxes, avoiding even the dollar and euro fixed income.
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We keep our valuables in a safe or a safety deposit box to ensure that nothing bad happens to them.
She said it is currently being kept in a safety deposit box.
We protect the money itself by placing it in banks, safety deposit boxes and the like, but we rarely protect its value.
Incorporating physical security with electronic security, each flash drive from various manufacturers is duplicated several times and, together with a CD-ROM, those items are vaulted in a bank safety deposit box in three different legal jurisdictions.
The UK justice system apparently didn't buy Wiese's explanation that the money came from diamond deals in South Africa in the 80s and 90s, and had been kept in a safety deposit box in the Ritz hotel because of foreign exchange restrictions in his homeland.
He adds that another big benefits of this sort of collectible is that, unlike art or wine, which can be very expensive to store and insure, the notes and documents that he does not keep at home can be stored in archival folders in a common bank safety deposit box and insured for pennies on the dollar.
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Not surprisingly, only Mans could recover these diamonds, as the safety-deposit box supposedly required both a fingerprint and retinal scan.
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First, government has set up basic rules of the marketplace--from the enforcement of contracts and managing the money supply to maintaining airline safety standards and creating federal deposit insurance.
For the same reason, he argues, the risk inherent in commercial banks' proprietary trading activities is not warranted and should not be backstopped by the safety net provided to ensure deposit-taking institutions' core activities.
In this case, the Troika puts in question not just the credibility of deposit insurance per se but the safety of deposits in financial institutions against state confiscation.
Bankia also issued a statement saying deposit holders could be confident about the safety of their savings.
Forcing banks back to the short-term debt markets for funding (or even to rely on their own deposit taking operations) is another baby step to getting the banks out of the emergency safety net.
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