Bank-Run Risk in the Shadows
By Kelly Evans
Published December 5 2011 Wall Street Journal
Bank runs aren't a relic of the 20th century. In fact, they risk becoming a hallmark of the 21st—though with a twist. The 2008 financial crisis displayed characteristics of a classic bank run, but people holding bank accounts weren't the ones scrambling to get their cash. It was lenders demanding their money from other financial institutions.
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