statements that will cause a run on the banks, page-24

  1. 14,217 Posts.
    lightbulb Created with Sketch. 123
    "so considering the asset is of no value....but they might have to write off another 13 billion.....leaves about 8 billion in net tangible assets.........woops that give a value of about 4.78"

    if they write of $13 billion that will be $13 billion of customers money

    I wonder if people will start taking out money just to be on the safe side?
 
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