Spending and Saving

Signs of the Recession: Safe Bet

Can Bernie Madoff and the Lehman Brothers meltdown be good for business?

Basics Plus, a chain of housewares stores in New York, is making the (tongue in cheek) pitch that your money is safer in a big metal box than in a bank. We could argue with that, but we’re too busy avoiding looking at our 401(k) statements.

We couldn’t reach anyone at Basics Plus to fill us in on whether the campaign is working. But we’ve already heard that safe sales are up in other parts of the country.

Tags: business, neighborhood, sales, Signs of the Recession