Comments about ‘Big cash discovery leads to a lesson in honesty for new Bountiful homeowners’

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Published: Wednesday, May 18 2011 10:00 p.m. MDT

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roberto
Moses Lake, WA

Great story....Great example, one that I would like to think my kids would follow. Thank you, the world is a better place for it.

phgreek
Hooper, UT

way to go Josh...more of those examples please. Congrats to the parents of Josh and his wife..."ya did Good".

TexasAg
Humble, TX

I love it when someone does the right thing. No one was watching and it didn't even seem to cross his mind to keep the money. Great example.

TJ
Eagle Mountain, UT

Great people! Their sons will reap the benefit of this lesson their whole lives.

Aggielove
Junction city, Oregon

Should be a simple choice everytime.

It's Just Me
South Jordan, UT

Great example for all of us! I think that since the money was "legally" the new homeowners money the Bangerter family should consider giving them a finders fee or share it with them. That seems fair and the right thing to do.

CBPapa
Cedar Hills, UT

The Ferrin Family = Win

utesovertide
Salt Lake City, UT

@Reasonable Person

"It's a sad story, though. "Preparedness" meant, in this case, that the money stuffed into the trash bags was worth a lot less than when it accumulated. Imagine what it would be worth, if it had been banked."

Or if he wanted to maintain control or liquidity, he could have bought i-bonds. i-bonds are nearly as liquid as cash, but gain interest and protect against inflation. If it had been invested in a bond vehicle like an i-bond, and the interest rate was around 3% (and we know it was higher during the 70's), the money would only take about 24 years to double. We could be talking about hundreds of thousands here in that case.

But good for him returning the money. That is awesome!

R.Burgandy
Cedar Hills, UT

Thanks for being honest! It will come back to you in some other way! I would hope the family would reward you for your honesty? Maybe a nice trip somewhere?

suzyk#1
Mount Pleasant, UT

That was the perfect story for today's rain. That young man was brought up right and chose to continue to honor that upbringing. Wow, if there were only millions of others just like him. Wouldn't this world be lovely to live in and the whole countenance of our nation would be one of more peace, love and charity. Gosh, that's a nice thought - think I will revel in that for now.

  • 9:17 a.m. May 19, 2011
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Mountain Bird
West Jordan, UT

The world is a better place because we have people like the Ferrin's. Thanks!

oldcougar
Orem, UT

@utesovertide and unreaonable person: Actually, he really should have gone up to Idaho and bought lotto tickets. We could be talking about not hundreds of thousands, but millions...maybe even billions.

Shhheeeeshhh!

Great story. Thanks!

unaffiliated_person
Saratoga Springs, UT

I noticed in the news this is more common than people think from those of the Great Depression era. People are constantly finding cash and valuables stuffed away. Note he had a handwritten note that said "I was born on a lousy day" attached to it. He knew the value of being prepared and did try, without the knowledge of anyone in his family. Kudos to him. As for those detractors saying he should have invested it...that is not as safe as you think. How much money gets lost in investments whenever we hit a recession? For Treasury Bills, what is the yield these days? In times of bank runs and mass economic panic, your investments cannot be liquidated fast enough.

VocalLocal
Salt Lake, UT

It's nice to hear a positive story of someone doing the right thing. Thanks!

carminaburana
Provo, UT

The dad told his boys:"he was saving it for his family not for ours".

My husband's employee found bags of old coins while working at an old man's home. My husband was in the same kitchen working so he took them to the old man and have him count the items. He wasn't one bit worried about any missing. His greedy son, who was in our ward, came to my home and told my husband that he feared his dad's life now that we knew about the coins and if "anything happened to the coins he would suspect my husband's honesty". Jerk

David B.
Cedar City, UT

All I can say about this story is that this family is a class act to follow! Some people may not have ever revealed this kind of find. Good story for all to follow.

Dadof8
Pleasant Grove, UT

My Dad had a bag of silver dollars that he had collected over the years hidden in our attic next to the furnace. We all knew they were there. When he passed and we were moving out we looked all over the attic for them. Then my mother remembered she had called a repairman to come and look at the furnace shortly after Dad had passed. She even commented to the man she had just lost her husband. Hope he enjoyed the money.....

Oh My Heck!
Vernal, UT

To "Reasonable Person" and others who have commented about how the money should have been in the bank. People who lived during the Depression did not trust banks. Heck, sometimes I don't trust them, either, because the interest on money saved is practically nil. Granted, if the house had caught on fire, the money would have been lost. But I can understand why someone would want to have their money "in hand", so to speak, and available when needed. My parents, particularly mother, put away coins in a metal box. Some of them were silver dollars, others not silver, but "interesting" to her, such as the Kennedy half dollars. After mom passed away, I received one of her jewelry boxes with mostly odds and ends of jewelry in it that were important to her, but under the top shelf was a small compartment with a few silver dollars and other coins in it. I will keep them there, because they remind me of mom.

Great lesson learned by the children of this family. So glad to know there are still honest people in the world!

justamacguy
Manti, UT

Wow... What an answer to a question. I knew Arnold Bangerter very well. I worked with him for many years with the DWR. He was a great fisheries biologist who has a passion for his work. He was a nuts and bolts work on the ground sort of guy. His labors, experience and decisions were all make from his hands on work with the resource. No funny compute models... No conjecture. And besides being a hard worker, he was a friend. I was just thinking about him the other day and wondering what he was doing with himself... Now I know. R.I.P. Arnold. I'll be browsing your memories in my photo albums.

Irony Guy
Bountiful, Utah

I knew Arnold Bangerter. He was a fine man and dedicated to conservation. Maintained a "tight ship" at home. This story doesn't surprise me, although I would've expected him to spill the beans to his kids.

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