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Old 01-20-2014   #144
infantrycak
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Default Re: Brian Gardner fired

Quote:
Originally Posted by QuantumMortis View Post
This is getting wildly off topic, but this isn't accurate at least in the UK, and since US law is very much derived from Common Law it would likely apply here if ever tested.
For the points I was making, it is true here or there. From your quote:

Quote:
but he is of course answerable for the amount, because he has contracted, having received that money, to repay to the principal, when demanded, a sum equivalent to that paid into his hands.
Everyone understands the bank can invest the money but that is irrelevant. They are liable for the deposits and any contract interest.
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