my mother recently turned 96 and immediately got a letter informing her that she was to immediately receive the proceeds. I guess they are tired of paying the the 4.5% minimum interest.
there have to be a lot of corporate zombies that will become very illiquid or investing in junk bonds for yield. A lot of people think their fiat is safe. If someone can take it with the stroke of a few keys, it’s never been more at risk. Think civil forfeiture on steroids.
rno