Buffett buys in

[glatt]

Speaking of freezers, and this thread on the economic crisis...

There was a story in the business section of today's paper about Wachovia's customers and how some of them are a bit nervous about their funds.

Days before Charlotte-based Wachovia became the latest bank to succumb to the financial crisis, Charlie Park, who lives near Williamsburg, decided it was time to cut ties with the institution that held his money for 11 years.

Last Thursday, as it became clear that Wachovia was in serious trouble, he withdrew the $1,200 he had in his checking account. He transferred half to an account at nearby C&F Bank and stashed the rest in an envelope in his freezer. He plans to use the cash quickly to cover expenses for his family of five.

"It'll be cold, but the money should be fine," he said.
....

Right or wrong, Park, who runs a budgeting service called PearBudget.com, isn't interested in all the FDIC rules. "With three small kids, I don't have time for filling out paperwork and getting my money back from a bankrupt corporation or from the government," he said.

OK, Charlie Park, Williamsburg, VA. $1,200 cash in freezer. Works at PearBudget.

Should I Google him? Post a Street View picture of his house up here? Directions?

At least crack heads don't read newspapers.