Here's What Happens When Everyone Panics and Pulls Money Out of Banks
by Meredith Dietz from Lifehacker on (#6APMF)
Last month, the collapse of Silicon Valley Bank (SVB) was the second-biggest bank failure in U.S. history. News of bank failures naturally fuels concerns for bank customers everywhere, so you might be wondering what would happen if you pulled all your money out of the bank entirely-and what would happen if a bunch of...