Sentences with phrase «equivalent of a bank run»
Ponzi's Securities Exchange Company suffered the equivalent of a bank run as a result.
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There was the equivalent of a bank run on the money market funds, which frequently invest in commercial paper issued by corporations to fund their operations and payrolls.
Not exact matches
Second, it» s not in the interest of private schools or colleges to acknowledge that they have a problem — lest it create the educational equivalent of a run on the bank, with clients fleeing for fear of being abandoned after a sudden collapse.