Banks and other Financial Institutions Collapsing

Published on January 27, 2009 By Leauki In World Trade Issues

Over the last few weeks several banks and other financial institutions have collapsed, leaving lots of savers and investors with gigantic losses.

I keep wondering (and maybe I am just overlooking something)...

Given that those banks and other institutions managed both savings and loans, isn't it odd that savings are LOST when a bank collapses but LOANS still have to be repaid?

Comments

Leauki

on Jan 27, 2009

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