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by SigmundA 1197 days ago
It may be irrational, but then irrational behavior is whats leads to bank runs.

Why should I keep my money there if I can hit a few buttons and move it somewhere with less perceived risk? What if every one is thinking like that? Great FDIC will step in quickly, I hope.

I think tomorrow will be interesting in general to see how things hold up.

1 comments

But is it irrational to take your money out if you think there might be a bank run? If I have a large amount of money to lose, I think I’d do the same!
Please be civil.
I am. Challenging a statement is not uncivil.