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by stefen on August 27th, 2009

stefen

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What occurs when many people withdraw their money from a bank at one time

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  • by Thinker on August 27th, 2009

    Thinker

    It is called a "run on the bank" or at least that is what I have always heard it called.

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  • by Who Is She on August 27th, 2009

    Who Is She

    The banks lending and investment power plummets and it then it can't make money so it's a bit screwed.

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