Thursday, 18 November 2010

More pulling out...

A bank run begins in Ireland

The FT reports this morning that corporate customers have been pulling out their deposits from Irish banks, amid signs of fading confidence in the banking system. Irish Life & Permanent said corporate customers had withdrawn รข‚¬600m, more than 11% of total deposits, during August and September.

2 comments:

Sean Thibodeau said...

Read about the planned bank run for December 7.
http://suspiciouspackaging.blogspot.com/2010/11/revolution-is-upon-us.html

Anonymous said...

Join the USA Facebook action group: "Break the Bank Day - Withdraw all your money on Dec 7th!!"
http://www.facebook.com/home.php?sk=group_175858435760629