2
Feb
2007

Out of Cash

Two big Guatemalan Banks went down over the last months. People got scared, a lot of money was lost. So, they started pulling out money from their other bank accounts. Everytime I've tried to get cash from an ATM in the last couple of weeks, it has been out of cash. I wonder where this is going.

I also wonder what's going to happen to all the people who lost their life savings. I have friends who had accounts in either bank and got a warning weeks before it went down so that they could get their money out. It seems so unfair that not everyone got the warning; some people lost most of their money, and I have to say I really don't think they have any chance of getting it back. It really sucks.
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