Ever have a disaster with a bank, credit card company, or the ‘trustee’ of your retirement account? Ever have the same disaster, for three weeks with the company that was all three? Ever have your credit drop 100 points because of a screw up that you had no control over?
I just went through this. All my money was in ‘limbo,’ with no ability to write checks, pay bills, and previous checks were bouncing. Nothing formal like a ‘hold,’ or ‘pending xxx.’ I’ve cleared it up by forcing, yes, forcing, a Federal Reserve wire transfer of everything to a commercial bank that at least is up to date, for the previous decade.
All this reminds me of an old parable, offered here below.