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And FDIC to de-risk customers from feeling they need to do a bank run.
by mrep 4y ago
And FDIC to de-risk customers from feeling they need to do a bank run.
- oldgradstudent 4y agoTo a large extent, but not completely. Anyone who has more than the insured amount, or anyone who needs their money in the near future will still engage in a run. There were several runs during the 2008 crisis, the most famous is the run on IndyMac Bank. https://en.wikipedia.org/wiki/IndyMac https://en.wikipedia.org/wiki/IndyMac