Spinning Facts

The Facts as I See Them

&
 

Dec 22 2008

Bank Recipient of Bailout Uses Counterfeit Cash

Published by spinningfacts at 12:57 pm under Current Events, News Edit This

Billy Alexander,http://www.sxc.hu/photo/1104443Bank Gives Patron Counterfeit Money 

You’d think that with all the hundreds of billions of dollars the government is tossing the financial institutions, a person could at least withdraw money from her own bank account to do her Christmas shopping and not risk arrest. 

The Palatka, Florida branch of Bank of America included at least one counterfeit $100 bill in the $800’s Sonya Small withdrew from her account for her holiday shopping. As she tried to pay for her Christmas purchases at Wal-Mart, the bill was identified as fake. The police took the bill as evidence as Ms. Small pled her case with a Wal-Mart supervisor, showing her the bank withdrawal slip. 

Bank of America, one of the largest recipients of the bailout money, was able to come up with enough real cash later in the day to replace the money it had previously given Ms. Small. They even replaced the money the police had confiscated. Of course, when asked by the AP how they were using federal bailout funds, they responded with a basic public relations statement, giving out no accounting for the money. 

Possibly-related Articles:                                        (auto-generated)

2 Responses to “Bank Recipient of Bailout Uses Counterfeit Cash”

  1. skwguitaron 22 Dec 2008 at 5:53 pm edit this

    The fed probably doesn’t even have time to print as much money as it’s handing out. Geez.

  2. tuannguyenon 22 Dec 2008 at 7:16 pm edit this

    haha, skwguitar, u r always funny, man.
    Yes, cash is the Fed’s trash; since this nation has been built on freedom, they are free to dump it everywhere they want.

Trackback URI | Comments RSS

Leave a Reply

Some Today.com contributors may have received a fee or a promotional product or service from a manufacturer for promotional consideration, while others receive no consideration at all. Each contributor is responsible for disclosing any such promotional consideration.