I think at some point some economics undergraduate will make a thesis on calculating the critical percentage of bank capital for it to survive. It probably already exists, but will have to be updated with this new business case. Seriously. It only took one news article and a television interview to bring the house down.
Strangely enough the imminent foreclosure of the bank first brought attention to the athletes (ice skaters and soccer players) who were sponsored by the bank. Like they were hurt most.
The athletes were given more attention than the 2000 people who are about to lose their jobs.
Hell. The bank owner's dog got more attention than the bank employees.
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