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SUBSIM: The Web's #1 resource for all submarine & naval simulations since 1997
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SUBSIM: The Web's #1 resource for all submarine & naval simulations since 1997 |
10-28-09, 01:42 PM
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#4 |
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Lucky Jack
 
Join Date: Jun 2005
Location: In a 1954 Buick.
Posts: 28,256
Downloads: 90
Uploads: 0
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To a point Mr Brinkley is correct. Look at the movie, "It's a Wonderful Life", what happens when the deposit is lost? Collapse of the bank and the home owners. Jimmy telling Mr. Brown, why your money is tied up in Mr. Greens house and Mr. Green, your money is tied up in Mr. Smiths house. You get the picture. A run in the bank. Banks need to keep solvent. It was hard to do when loans are defaulting like they are.
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“You're painfully alive in a drugged and dying culture.” ― Richard Yates, Revolutionary Road |
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