I think you're missing something from the cynical view, which is that basically everybody has to lock down their subjects' deposits at the same time to avoid ca

I think you're missing something from the cynical view, which is that basically everybody has to lock down their subjects' deposits at the same time to avoid capital flight while they're overhauling the system - for example a "coordinated bank holiday...and coordinated delinking from major currencies". It's an opportunity for executives to learn exactly who to call and what types of actions they might be expected to take in a major banking crisis, whatever the trigger.