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Oregon Man Tosses Life Savings. It's Found in California

Oregon Man's $23K Mistake
Has Improbable Happy Ending

Oregon Man's $23K Mistake Has Improbable Happy Ending

All but $320 survived the cash's trip to a recycling plant

(Newser) - A man who accidentally recycled his life savings managed to get back all but $320 of it, and the story of how it got away from him and back to him is a wild one. The unnamed Oregon man accidentally recycled a Vans shoebox on Thursday that held just north...

$65K Raised for
Pearl Harbor Vet
Scammed Out
of Life Savings

Jun 23, 2016 2:47 PM CDT

$65K Raised for Pearl Harbor Vet Scammed Out of Life Savings

Jack Holder says he has 1,000 thank you notes to write

(Newser) - Publishers Clearing House couldn't help Jack Holder. Bank of America said it couldn't help him, either. But nearly 1,000 regular people could, and did, donating more than $65,000 to a GoFundMe account after the 94-year-old Pearl Harbor survivor was scammed out of nearly all of his...

Restaurant Worker
Finds $32K, Restores
Faith in Humanity

Dec 18, 2015 11:14 AM CST

Restaurant Worker Finds $32K, Restores Faith in Humanity

It was a California man's life savings—and he got it back from Applebee's

(Newser) - A California woman and her mom are thankful for an eagle-eyed (and honest) Applebee's worker after they left a pouch with $32,000 behind at the restaurant. Erica Gonzalez tells WXIA that she and her mom had taken her dad's entire life savings to the bank to be...

Sorry, FDIC Can't Guarantee Interest on That CD

Nov 4, 2009 9:38 AM CST

Sorry, FDIC Can't Guarantee Interest on That CD

When selling failed banks, Feds allow buyers to slash expected payout

(Newser) - There’s a little-publicized part of your bank deposit the FDIC doesn’t insure, and it’s driving scrupulous savers up the wall. The logic is simple enough: When the FDIC takes over a failed bank and resells its assets, it allows buyers to alter interest rates, particularly on CDs....