Jun 5, 2012 — On today's show, we walk through the three things you can do to stop a bank run -- and figure out what options are left for Europe.
n p r n e w s
on:
NCPR is supported by:
This is a Visitor-Supported website.
More from NPR
May 24, 2013 — If President Obama's newly recalibrated counterterrorism strategy demonstrates anything, it is his penchant for nuance.
May 24, 2013 — Many black women in the U.S. have or know someone who has done domestic work. With an expanding black middle class, some find themselves conflicted: To hire help or not?
May 24, 2013 — In the aftermath of the destruction in Moore, Okla., residents throughout Tornado Alley want storm shelters installed in schools. Some schools in the region already have them, but funding to build new ones is hard to come by.
May 24, 2013 — Los Angeles is home to a large slice of the world's bluejeans trade. But as the U.S. apparel industry continues to shrink, the city's high-end bluejeans business faces a threat. The European Union has imposed a nearly 40 percent tariff, which could cripple the city's jean business.
May 24, 2013 — In 2003, Richard Rubin set out to talk to every American veteran of World War I he could find. With help from the French, he tracked down dozens of centenarian vets and recorded their stories in a new book called The Last of the Doughboys.
This photo dated October 24th, 1929, shows a view of people rushing to a saving bank in Millbury, Massachusetts as the stock market on Wall Street crashed, sparking a run on banks that spread across the country. (AFP/Getty Images)
Three Ways To Stop A Bank Run
Jun 5, 2012 — On today's show, we walk through the three things you can do to stop a bank run -- and figure out what options are left for Europe.
Once a bank run starts, it takes on a logic of its own. Even a solid, solvent bank can't hold up for long if people start to panic. This is a problem for Europe right now, as depositors continue to pull money out of banks in Spain and Greece.
On today's show, we talk to Douglas Diamond, an economist who is one of the go-to guys on bank runs, and we hear from Greek bank teller who is handing out euros to panicked depositors.
We walk through the three things you can do to stop a bank run — and figure out what options are left for Europe.
BONUS: Check out our special bank run playlist assembled by Zoe Chace.
Music: A Flock of Seagulls' "I Ran." Find us: Twitter/ Facebook/ Spotify/ Tumblr.
Copyright 2013 NPR. To see more, visit http://www.npr.org/.9(MDAxNzgwMTg5MDEyMTQ4Nzc4MjdiNWVmMw004))
Missing some content? Check the source: NPR
Copyright(c) 2013, NPR
