Timeline for Would you withdraw your money from your bank if you thought it was going under?
Current License: CC BY-SA 2.5
7 events
when toggle format | what | by | license | comment | |
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Jun 7, 2019 at 22:23 | comment | added | RonJohn | @Muro "They may be making a come back." Or not... | |
Oct 1, 2010 at 12:10 | comment | added | NimChimpsky | icelandic banks only recently experienced a major and, imho, valid bank run. | |
Aug 24, 2010 at 14:30 | comment | added | Muro | Yes...bank runs could become in vogue again. How 1930's that would be. | |
Aug 24, 2010 at 5:05 | comment | added | MrChrister | Never mind that comment - ask Washington Mutual if people will run on a bank. Largest FDIC failure in history after a 10 day run according to en.wikipedia.org/wiki/Federal_Deposit_Insurance_Corporation | |
Aug 24, 2010 at 4:17 | comment | added | MrChrister | I think our society is far to dependent on electronic transactions for the majority of people to actually make a run on a bank in the classic sense. Furthermore, if the rates of savings in the US today is any indication, the majority of people have little money in the banks to begin with. | |
Aug 24, 2010 at 3:42 | comment | added | Muro | Banks runs are the only thing that keep fractional reserve banks from lending out every last dime. They may be making a come back. | |
Aug 23, 2010 at 19:55 | history | answered | John Roberts | CC BY-SA 2.5 |