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    Dutch Consider Outlawing Calling for a Bank Run

    mudra
    mudra


    Posts : 23210
    Join date : 2010-04-09
    Age : 69
    Location : belgium

    Dutch Consider Outlawing Calling for a Bank Run Empty Dutch Consider Outlawing Calling for a Bank Run

    Post  mudra Thu Dec 23, 2010 8:06 pm

    Dutch Consider Outlawing Calling for a Bank Run
    Published: Thursday, 23 Dec 2010 |
    By: AP


    http://www.cnbc.com/id/40792218

    The Dutch government says it studying a law that would make it a crime to call publicly for a run on a bank.

    The move stems from the abrupt October 2009 collapse of DSB Bank NV. The regional Dutch bank was facing claims it overcharged mortgage clients, when a well-respected industry commentator called for all retail clients to pull their deposits.

    Investors, skittish after the 2008 financial crisis, followed his advice and the seemingly healthy bank collapsed days later.

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    mudra

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