> What's irrational about taking your money out of an insolvent bank? Nothing. But what happened here was that multiple people decided to take money all at on

> What's irrational about taking your money out of an insolvent bank? Nothing. But what happened here was that multiple people decided to take money all at once out of a solvent bank, thus making it insolvent. Banks are in fractional reserve banking business, not custodian business. So no bank in the US can survive >25% withdrawals.