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Point of interest. Wachovia FELL because there was a SILENT run on the bank. More than 5 trillion dollars got taken out of the system which was largely owned
by spoiledtechie 18y ago
Point of interest.
Wachovia FELL because there was a SILENT run on the bank. More than 5 trillion dollars got taken out of the system which was largely owned by Wachovia.
Look for the day they increased the Fed Savings from $100,000 to $250,000 and you will know the preceding day was the "Silent Run".
- mrtron 18y agoCitation? I thought the '5 trillion' silent run was fluff?