Cash in America. Banks starting to charge YOU to hold your cash.

[BettYbOOpBaBY]

Or, You know, they said deposits, as opposed to withdrawals, which would be required for the purpose of buying.

[kZ cutie <3]

Well, good luck to them when their biggest customers pull out all their money and go to a competing bank.

[Spider-manf4n4t1c]

I guess you missed where I said they do a bunch of BUYING and SELLING.



Holding cash deposits....not making deposits....


kthxbye

[Shinjza]

The only re-wording around here is coming from you...I didn't read anything about multiple transactions nor withdrawals......customers have moved money to cash as a safe haven in the past month as investments like stocks and bonRAB have become increasingly volatile.

[Michelle =)]

YW for making the point, Holdings....does that mean multiple transactions,or withdrawals even?

[SKEET]

Yes, I'm sure money market funRAB and pension plans are just putting $50m in cash into these accounts and not touching them at all. Not like they do any sort of market work.

[rollergirl515]

You give bank money, bank loans your money and makes interest, bank gives you a cut of the interest.

That is how banks work children, tomorrow we will learn about the post office and grocery store.

[Chae]

wait wait I know this one

[Motor Mouth]

It's just nurabers on an internet page.

[laur7]

Reserve ratio, they have to keep more cash on hand