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How to use ATM machines, page 5 of 5

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The snitches

Why? Because the typical American banker is a full-time snitch. He (or she) provides information — your information — to the cops and the feds.

Why? In order to obtain lenient treatment for themselves, so that the cops and the feds will overlook the typical American banker's own I-L-L-E-G-A-L activities.

When a bank customer who is (unjustly) accused of stealing $25.00 goes to jail; but the American banker who misleads investors and presents a materially misleading picture of the firm's financial condition to the tune of $250,000,000,000.00 gets off scott free, then something is wrong.

Let's take the example of Lehman Brothers (the global investment bank) that went bankrupt after using accounting tricks and misleading investors, thereby costing us, investors, hundreds of Billions of dollars.

Surely the U.S. Securities and Exchange Commission and the U.S. Justice Department, the responsible agencies of the government, are looking out for our best interests, and are prosecuting Lehman Brothers! Right? Wrong!

ATM mistakes

How do you use ATM machines and bankers? Bankers always assume their ATMs are working perfectly. However, in reality, ATMs can and will make all kinds of mistakes.

And, when they do, those mistakes will cost YOU time and money to clean them up. For example, their ATMs can incorrectly account for your deposit amounts, dispense too little or too much cash, or deduct too much or too little from your account. They can also fail to give you a receipt, keep your card, and dispense cash to anyone who walks by, including those without any money in their accounts.

Count your cash

How do you use ATM machines? And the question is, "If you're withdrawing cash, should you count it immediately?" There are many bank customers who believe it is safer to count their money inside their cars. Why? Because they've got safety concerns that preclude them from openly counting their fat stacks of $20 bills. I myself always count my money immediately after receiving my cash, so that a video record of the transaction can be used later on to confirm how many bills I counted out.

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