Fractional Reserve Banking
Anatomy of the Bank Run
Submitted by Tyler Stearns on Mon, 2008-07-14 16:14.The case of IndyMac, the largest regulated thrift institution to fail in U.S. history, shows just how fundamentally unsound our government supported banking system is. The fractional reserve banking swindle can only continue so long and I hope the IndyMac failure will open some people's eyes.
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