Science Source ftp Apr 2015
EN_01170126_0959
Crowd of people at door of a bank in Berlin, Germany at the beginning of World War I. A bank run occurs when a large number of bank or other financial institution's customers withdraw their deposits simultaneously due to concerns about the bank's solvency. As more people withdraw their funds, the probability of default increases, thereby prompting more people to withdraw their deposits. In extreme cases, the bank's reserves may not be sufficient to cover the withdrawals. A bank run is typically the result of panic, rather than a true insolvency on the part of the bank. Bain News Service August, 1914.
2015-04-07
East News
Science Source
Photo Researchers
BZ5176
1,98MB
41cm x 28cm by 300dpi
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