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New York Times
Oct 13
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The Dutch central bank on Monday seized control of troubled DSB Bank and placed a virtual freeze on up to 400,000 account holders, installing administrators to oversee the likely liquidation of the discount lender.
Forbes
Jun 2
Comment
Depositors seeking high yields are pouring money into the weakest banks, making their eventual failures more costly.
Jr Deputy Accountant
May 15
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Guatemalan bank guard...
this isn't Central America, kids, but we're not that far off...
Hey remember that time I tweeted about that coordinated, nationwide bank run on July 3rd 2009 that we were planning during End the Fed in San Francisco on...
The Swamp Report
Apr 13
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Simon Johnson writes in Economix for the NYT that with the FDIC having unlimited drawing power from the FED in case of emergency and also with online banking, a depression era, consumer-type run on a bank in which people lined up to withdraw their...
naked capitalism
Sep 7
Comment
James Hamilton provides a nice, succinct explanation of why the crisis in the credit markets is not a bank run (the afflicted organizations are not banks) yet has the characteristics of a bank run.It's a useful piece for explaining, as he did at...
naked capitalism
Aug 9
Comment
Santayana was right. Humans seem to be hard wired to make the same mistakes over and over again.Consider the financial turmoil afflicting Second Life. Mirroring our time, the online game/virtual community is commercially oriented. Property and...
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