Summary
When Californians rushed to branches of Countrywide Bank on Thursday to withdraw their savings, it was almost reminiscent of a scene from a beloved movie.
All that was missing was George Bailey explaining to people that their money wasn't actually in the vault, and someone shouting that Mr. Potter was paying 50 cents on the dollar for Building & Loan shares.See the full content of this document
Extract
Bank's Woes Cause for Concern?
Of course, actual bank deposits in 2007 are insured in a way they never were during the early days of the Gr...
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