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Published on KnoxViews (http://knoxviews.com)

Bank Runs

By Brian A.
Created Jul 14 2008 - 17:11

Thanks to the "mental recession," I suspect scenes like this [1] will be repeated across the country in the coming months.

A number of regional banks are in trouble [2]. Shares of First Horizon National Corp., parent of First Tennessee Bank, fell 24% today [3].

If you have an amount deposited in a bank account (any bank) in excess of the FDIC-insured $100,000, I recommend you withdraw it and place it elsewhere. Immediately.


Source URL:
http://knoxviews.com/node/8424