3 ms·
Isn’t this quite unusual (a bank run at a large US bank)? I agree the fdic has done this before and if they can find a buyer or communicate well it should turn
by grey-area 4y ago
Isn’t this quite unusual (a bank run at a large US bank)?
I agree the fdic has done this before and if they can find a buyer or communicate well it should turn out fine next week.
There is a risk of contagion though and a risk of job losses if money is delayed for say 6-12 months. I don’t think it’s unreasonable to be worried about it if you’re impacted.
- baq 4y agoIt is very unusual in good times and unsurprising in bad times, if history is any guide. What can surprise is names which actually blow up.