Because banking was NOT in the United States Constitution, anyone could open a bank. And a lot of anyones did. Like these men in Nome during the Alaska Gold Rush. Making money is easy; it’s keeping it that’s hard. Even with regulations your money is not safe in a bank. In the 2008 mortgage crisis, about $30 trillion in equity was lost by Americans. There is always a ‘next time’ for the banks but for many of us, one major loss is one too many.
Steve Levi is an Alaskan writer who specializes in the Alaska Gold Rush (nonfiction) and the ‘impossible crime,’ (fiction.) An ‘impossible crime’ is one where the detective must figure out HOW the crime was committed before going after the perpetrators – like a Greyhound bus with bank robbers and hostages disappearing off the Golden Gate Bridge –THE MATTER OF THE VANISHING GREYHOUND. Steve’s books can be found at www.authormasterminds.com/steve-levi
