Bank Runs
A bank run occurs when a large number of bank customers withdraw their deposits because they believe the bank might fail. There have been many runs on individual banks throughout history; for example, some of the 2008–2009 bank failures in the United States were associated with bank runs.
Read more about this topic: List Of Banking Crises
Famous quotes containing the words bank and/or runs:
“We bank over Boston. I am safe. I put on my hat.
I am almost someone going home. The story has ended.”
—Anne Sexton (1928–1974)
“She runs the gamut of emotions from A to B.”
—Dorothy Parker (1893–1967)