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Safe deposit boxes are practically an obsolete relic in this day and age. Elena Butinova / Shutterstock.com
Despite being one of the most highly regulated industries in the U.S., banks take little to no legal responsibility for the contents of their safety deposit boxes. If popular heist films like “Ocean’s Eleven” aren’t enough warning, here’s a depressingly real anecdote: A few years ago, The New York Times told the story of Philip Poniz in “Safe Deposit Boxes Aren’t Safe.” For three decades…
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