Quote:
Originally Posted by kscarrol
Good old run on the bank. Lots of large dollar accounts (above the $250,000 FDIC cover) and when they started withdrawing money the bank could not cover those withdrawals.
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I was under the impression banks had to be able to cover all of the money invested...if that's not the case, I really have no idea how that's legal.
So who is going to prison? This is like FTXX?