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May 30, 2008 at 3:45 PM #214577May 30, 2008 at 7:02 PM #21447534f3f3fParticipant
People will rush the bank if they know which banks are under reserved. Look at Northern Rock.
Actually, figures (albeit unofficial) released after the Northern Rock debacle listed the provisions of many major banks in the UK, given their reserves to loan business underwritten. A run on a bank in more likely to occur when rumors circulate that a bank is in difficulty. If banks have nothing to hide then why not reveal their exposure?
May 30, 2008 at 7:02 PM #21455434f3f3fParticipantPeople will rush the bank if they know which banks are under reserved. Look at Northern Rock.
Actually, figures (albeit unofficial) released after the Northern Rock debacle listed the provisions of many major banks in the UK, given their reserves to loan business underwritten. A run on a bank in more likely to occur when rumors circulate that a bank is in difficulty. If banks have nothing to hide then why not reveal their exposure?
May 30, 2008 at 7:02 PM #21457634f3f3fParticipantPeople will rush the bank if they know which banks are under reserved. Look at Northern Rock.
Actually, figures (albeit unofficial) released after the Northern Rock debacle listed the provisions of many major banks in the UK, given their reserves to loan business underwritten. A run on a bank in more likely to occur when rumors circulate that a bank is in difficulty. If banks have nothing to hide then why not reveal their exposure?
May 30, 2008 at 7:02 PM #21460234f3f3fParticipantPeople will rush the bank if they know which banks are under reserved. Look at Northern Rock.
Actually, figures (albeit unofficial) released after the Northern Rock debacle listed the provisions of many major banks in the UK, given their reserves to loan business underwritten. A run on a bank in more likely to occur when rumors circulate that a bank is in difficulty. If banks have nothing to hide then why not reveal their exposure?
May 30, 2008 at 7:02 PM #21463434f3f3fParticipantPeople will rush the bank if they know which banks are under reserved. Look at Northern Rock.
Actually, figures (albeit unofficial) released after the Northern Rock debacle listed the provisions of many major banks in the UK, given their reserves to loan business underwritten. A run on a bank in more likely to occur when rumors circulate that a bank is in difficulty. If banks have nothing to hide then why not reveal their exposure?
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