What would you do?

Just tell the bank you removed the money but put it in a seemingly safe mutual fund. Unfortunately, now it’s all gone. ;)

At this point the bank has several options. 1. They could see if they qualify for a government bail out. 2. They could probably convince management stop hiring temps to process loans. 3. They could switch to Geico and save a bundle on their car insurance. If the money had been placed into my account I would immediately do the following: 1. Wish I had borrowed more money. 2. Look for a good lawyer… in the Bahamas! 3. Call “Bernie” Madoff and ask him for financial advice.

I don’t see what the problem is. Obviously the bank just had a fantastic increase to its loan portfolio. They just need to accrue interest for six months, declare the loan as “seasoned” and see if they can sell it on the secondary market. The customers should move to Nigeria where they would be national heroes. Oh wait, those weren’t the original questions were they? I vote for gross negligence or inside collaboration.

What? A bank mistakenly credited over 1000 times the amount into their account? Personally, this sounds like idiocracy at its best. For some reason, this likely story comes to mind: his so called buddy, which works at the bank, decided it would be funny to play a practical joke on his account. So he thought entering the number 1000 instead of 1, made him giggle….