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This is precisely what many of Bear's lenders were doing — a process akin to the run by depositors on the Bailey Bros. Building & Loan in "It's a Wonderful Life".
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To avert a panicky drain of funds by depositors, Hughes on Tuesday imposed a limit of $1,000 a month on withdrawals from accounts at the 102 privately insured savings associations.
While dbSNP assigns the ancestral state of SNPs from information provided by depositors based on small and large-scale studies, we used rigorous human-chimpanzee coding region alignment, which is highly accurate but can be applied to orthologus coding regions only.
That reality last week triggered a run by dollar depositors on European banks with exposure to government debt prompting the U.S. Federal Reserve to make emergency loans to the European Central bank so it, in turn, could provide dollar liquidity to its member banks.
After a run on the bank by depositors that further eroded its solvency, and the replacement of the bank's management by executives from the Central Bank, there has been an intense effort to figure out how much money is missing and where it went.
In others, banks have been scuppered by a sudden loss of confidence that led to runs by depositors.Many bank-watchers worry that, on the evidence of the past few years, things are getting worse.
KABUL, Afghanistan — Afghan officials have begun an investigation into possible fraud at Kabul Bank, four months after irregularities there led to a weeklong run on the bank by depositors.
The suit, filed by three Superior depositors on behalf of 1,406 individuals who had accounts there, names Thomas Pritzker and cousin Penny Pritzker Penny Pritzker as defendants, along with 10 other executives and co-owners, plus Ernst & Young.
Faced with a lack of cash to meet depositors' run on the banks, Filanbanco was taken over by the government, and the brothers stepped down.
Unlike Thailand and Indonesia in 1997, China fully guarantees bank deposits, making it far less likely that the country will see crippling runs on banks by depositors demanding their money.
Private holdings included a 30% stake in billionaire Liem Sioe Liong's PT Bank Central Asia (which was taken over by the government in late May after a run on it by depositors brought it close to collapse).
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