What we saw with Bear Stearns was really a classic run on the bank.
To make matters worse, the SEC investigation and fine have essentially caused a run on the bank.
Perhaps it was excusable bravado, designed to prevent a run on the bank that would destroy Enron's ability to trade.
Regulators deliberately keep a pending closure secret to avoid a mad rush to remove deposits--a run on the bank, if you will.
With trust eroding in the state of the Russian banking system, Globex stopped customers from withdrawing their funds after a run on the bank.
The hastily arranged purchase of Bear Stearns by JP Morgan Chase is the result of exactly such a bank run on the bank, as Bear's counterparties lost faith in it.
Skilling's defense attorney Daniel Petrocelli boldly decried that they would prove Enron to be a sound company in good financial standing and that a "run on the bank" led to its bankruptcy.
When the Northern Rock bank went bust that year it became obvious that this limit was not high enough to reassure savers, who were then staging a crippling run on the bank.
Northern Rock came close to collapse at the start of the credit crisis in 2007 after savers staged a run on the bank after it had sought financial aid from the government.
Just as the banker who appointed Corzine to head Goldman Sachs in 1994, believed he was entitled to buy Goldman shares in late 2008 even if he was privy to inside information as a Goldman director and chairman of the New York Federal Reserve Bank in charge of overseeing Goldman and saving its existence from a run on the bank.
After raising interest rates to 150% to stop a run on the rouble, the central bank's head said that the tide had turned and that hard-currency reserves were being replenished.
The next day, to halt a run on the country's banks, the central bank imposed restrictions on withdrawals.
Second the credit crunch had started to hit home and for the first time in more than a hundred years, there had been a run on a British bank with the extraordinary sight of queues of savers lining up outside branches of Northern Rock to extract their cash.
Its prime minister, Hisham Qandil, told Mr Haniyeh to conciliate his Palestinian rivals under Mahmoud Abbas who run the Palestinian Authority based in Ramallah on the West Bank, if he wanted relations with Egypt to improve.
But the news, far from reassuring anyone, sparked a run on Northern Rock, Britain's first bank run since the 1860s, and caused all manner of wild worries about the whole British banking system.
The collapse of Bear Stearns was triggered by a run of its creditors and customers, analogous to the run of depositors on a commercial bank.
It is nonetheless a big improvement on the past, when the bank was usually run by former academics with no market experience.
Goldman's claim to celebrity, in addition to secretly running the world, is shipping its best and brightest off to run the federal government and the central bank, not appearing on reality TV or in social media.
The shake-out from the global credit squeeze led to the first run on a British bank for generations.
The result was the first run on a British bank in 150 years.
FORBES: Billionaire Richard Branson's Virgin Money Acquires Northern Rock For $1.2 Billion
The ex-chairman of HBOS has admitted the bank took on too much risk in the run-up to the financial crisis in 2008.
The unprecedented tax on bank deposits led to a run on cash machines over the weekend, as customers scrambled to protect their life savings.
CNN: Cyprus deposit tax 'overnight robbery,' says businessman
That amount, he said, is comparable to the number of the bank's machines that run out of cash on a normal day in the New York area.
However since a bank only keeps a small percentage of its assets in cash or short-term investments if there is a run on a bank or handful of them the overall faith in the banking system could be rattled.
Mr Duhalde inherited draconian restrictions on bank transactions and withdrawals, which halted a bank run but are strangling the economy.
But if UBS appears too eager to turn over all the names, it could run into resistance from Switzerland's own bank privacy laws, on which the nation's wealth has been built.
To help the economy back on to its feet, the Bank of Japan has been trying to run a super-loose monetary policy.
应用推荐