Unlike a law firm leader, a general counsel can make an unpopular but necessary decision and not worry about losing revenue and triggering a proverbial run on the bank. (legalevolution.org)
On WBEN in Buffalo, Paterson went so far as to warn of runs on banks and financial institutions that have not been seen since the Great Depression. (nymag.com)
Basically, the Panic of 1907 was caused by a classic run on the bank, leading to the failure of the Knickerbocker Trust company -LSB-...] (basehitinvesting.com)