Under the fractional banking system, banks are pro to bank runs. If people know Wells fargo is not under the care of the goverment, ans lose confidence in it when the situation is bad, bank run can happen even it is basically ok.
You are too persistent. No bank is invinsible in this world.,
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" No bank is invinsible in this world". Tell this to the "invest
-realtiger-
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02/03/2009 postreply
10:06:33
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Exactly
-Wisdom101-
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02/03/2009 postreply
10:07:13