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Banks and other Financial Institutions Collapsing

January 27, 2009 11:42 AM from

Over the last few weeks several banks and other financial institutions have collapsed, leaving lots of savers and investors with gigantic losses.

I keep wondering (and maybe I am just overlooking something)...

Given that those banks and other institutions managed both savings and loans, isn't it odd that savings are LOST when a bank collapses but LOANS still have to be repaid?

4,120 views 1 replies

Reply #1 January 27, 2009 11:42 AM from

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