Tag Archives: bank run

Cathedral of Finance

Posted on April 24, 2011 by hro50ta1

Here is another of those stories from 2008 that used to appear on my howtostopabankrun blog, now kaput. By Joel Thurtell In the wee hours of Tuesday, February 14, 1933, Michigan’s new Democratic governor, William Comstock, emerged from the posh … Continue reading →

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“Cathedral of finance”

Posted on March 26, 2009 by hro50ta1

By Joel Thurtell In the wee hours of Tuesday, February 14, 1933, Michigan’s new Democratic Governor William Comstock emerged from the posh Detroit Club after a long meeting of Detroit financiers and Lansing and Washington treasury bigshots. He turned right … Continue reading →

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Banks and “stress test” = bunkum

Posted on February 28, 2009 by hro50ta1

I don’t believe special “stress tests” are needed to show up the weak banks. Basic accounting will do. See my new post at www.howtostopabankrun.com. “How To Stop A bank Run: is my latest book project.

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How to stop a bank run

Posted on October 3, 2008 by admin

By Joel Thurtell A frantic financial adviser told me she’s warning everyone she knows with money in National City Bank, dead sure NatCity’s going under: Get your money out! And I thought, gosh, isn’t that sort of like, well, promoting a … Continue reading →

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