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Are you chewing my cash?

It’s a line that may become a classic, in a similar vein to Robert de Niro’s famous Are you looking at me? from the film Taxi Driver.   

Are you chewing my cash? 

Why would this line be even remotely notable?

Well, there’s a sad little news story on BBC’s website yesterday: Termites feast on trader’s money.

This is the story of a
Dwarika Prasad, who placed his life savings in a safe deposit box of
the Central Bank of India in 2005.  Far safer than stuffing the money
under the mattress
.

So, when Mr. Prasad went to get his fortune back in 2008, all he found was dust and shreds of bits of paper.

The
fact that the bank is ignoring his pleas for reimbursement is rather
mean, but the lesson must be to put everything on a computer disc. 
Far safer as you can back it up.

What’s that? 

HSBC lost 370,000 customers’ details on a computer disc.

Darnit.  I guess you can’t win ‘em all after all then …

 

About Chris M Skinner

Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, the Finanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal’s Financial News. To learn more click here...

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