- This topic has 35 replies, 4 voices, and was last updated 16 years, 3 months ago by ltokuda.
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September 27, 2008 at 6:01 PM #276423September 27, 2008 at 6:47 PM #276694AecetiaParticipant
Isn’t that called a bank run?
September 27, 2008 at 6:47 PM #276712AecetiaParticipantIsn’t that called a bank run?
September 27, 2008 at 6:47 PM #276438AecetiaParticipantIsn’t that called a bank run?
September 27, 2008 at 6:47 PM #276760AecetiaParticipantIsn’t that called a bank run?
September 27, 2008 at 6:47 PM #276745AecetiaParticipantIsn’t that called a bank run?
September 27, 2008 at 7:04 PM #276443ltokudaParticipantI think a bank run is caused when people believe their bank might be insolvent. A threat by masses of people to pull their money out of their banks simultaneously might cause a bank run. But that’s the power of the idea. The public has lost control of its own tax dollars. The only means it has to combat wall street is to threaten the government with an even worse scenario.
BTW, I would only support a bailout if the tax payers will make money out of the deal. In that case, it would be a win-win for everyone. Otherwise, I would oppose the bailout.
September 27, 2008 at 7:04 PM #276699ltokudaParticipantI think a bank run is caused when people believe their bank might be insolvent. A threat by masses of people to pull their money out of their banks simultaneously might cause a bank run. But that’s the power of the idea. The public has lost control of its own tax dollars. The only means it has to combat wall street is to threaten the government with an even worse scenario.
BTW, I would only support a bailout if the tax payers will make money out of the deal. In that case, it would be a win-win for everyone. Otherwise, I would oppose the bailout.
September 27, 2008 at 7:04 PM #276717ltokudaParticipantI think a bank run is caused when people believe their bank might be insolvent. A threat by masses of people to pull their money out of their banks simultaneously might cause a bank run. But that’s the power of the idea. The public has lost control of its own tax dollars. The only means it has to combat wall street is to threaten the government with an even worse scenario.
BTW, I would only support a bailout if the tax payers will make money out of the deal. In that case, it would be a win-win for everyone. Otherwise, I would oppose the bailout.
September 27, 2008 at 7:04 PM #276765ltokudaParticipantI think a bank run is caused when people believe their bank might be insolvent. A threat by masses of people to pull their money out of their banks simultaneously might cause a bank run. But that’s the power of the idea. The public has lost control of its own tax dollars. The only means it has to combat wall street is to threaten the government with an even worse scenario.
BTW, I would only support a bailout if the tax payers will make money out of the deal. In that case, it would be a win-win for everyone. Otherwise, I would oppose the bailout.
September 27, 2008 at 7:04 PM #276751ltokudaParticipantI think a bank run is caused when people believe their bank might be insolvent. A threat by masses of people to pull their money out of their banks simultaneously might cause a bank run. But that’s the power of the idea. The public has lost control of its own tax dollars. The only means it has to combat wall street is to threaten the government with an even worse scenario.
BTW, I would only support a bailout if the tax payers will make money out of the deal. In that case, it would be a win-win for everyone. Otherwise, I would oppose the bailout.
September 27, 2008 at 7:49 PM #276458AecetiaParticipantPick a date. I think it is worth having the taxpayers flex their collective might to send a message.
September 27, 2008 at 7:49 PM #276780AecetiaParticipantPick a date. I think it is worth having the taxpayers flex their collective might to send a message.
September 27, 2008 at 7:49 PM #276766AecetiaParticipantPick a date. I think it is worth having the taxpayers flex their collective might to send a message.
September 27, 2008 at 7:49 PM #276732AecetiaParticipantPick a date. I think it is worth having the taxpayers flex their collective might to send a message.
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