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by grey-area 1197 days ago
Isn’t this quite unusual (a bank run at a large US bank)?

I agree the fdic has done this before and if they can find a buyer or communicate well it should turn out fine next week.

There is a risk of contagion though and a risk of job losses if money is delayed for say 6-12 months. I don’t think it’s unreasonable to be worried about it if you’re impacted.

1 comments

It is very unusual in good times and unsurprising in bad times, if history is any guide. What can surprise is names which actually blow up.