Analysis: Congress repeats 1930s errors with bailout vote
There have been worrying signs in the United States that the financial crisis is starting to unsettle bank customers. Sketchy data suggests that people are moving deposits out of banks that are considered more at risk than others. This has not yet turned into a full-scale bank run, but any more uncertainty could change that.
Fear of bank collapse hits the euro zone
Economic recovery, in other words, has been put on hold. And there's a potential monster stalking the euro zone: fear of a bank collapse.
Tuesday, September 30, 2008
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