Posts Tagged ‘banking’
Pottersville towns remain 70 years later
U. IOWA (US) — Great Depression-era bank suspensions have had a lasting harmful effect on the hardest-hit communities, affecting suicide rates and disheartening residents decades later. Continue…
Thursday, December 2, 2010 12:06 - 1 Comment
Society & Culture - May 22, 2009 13:50 - 1 Comment
Researchers map ‘viral’ bank run in India
A Google Earth image shows the location of the bank (star) in India’s Gujarat state and the location of customers who withdrew funds. (Credit: Manju Puri, via Google Earth)
Society & Culture - May 12, 2009 16:31 - 0 Comments
Best policy may be bankruptcy—not bailout
PENN STATE (US)—The U.S. economy would be better served by letting failing firms file for bankruptcy rather than by bailing them out under presumptive federal policies that deem them to be “too big to fail,” according to new research from Penn State’s Smeal College of Business. (more…)
Society & Culture - Mar 11, 2009 14:02 - 0 Comments
Keep depositors ‘in the know’ to avoid bank runs
NYU (US)—Healthy relationships thrive on communication, including the relationship between a bank and its depositors. A recent study by economists at New York University and the Federal Reserve Bank of New York suggests that the best way to avoid a bank run during a financial crisis is to keep depositors informed. (more…)
Society & Culture - Mar 6, 2009 18:31 - 1 Comment
Fork in the road leads to microfinance debate
NYU (US)—With roughly 40 to 80 percent of people in developing economies lacking access to formal banking services, microfinance has emerged to fill the lending gap. Reliable financial services, such as those provided by the microfinance model, could improve the lives of hundreds of millions, perhaps billions, of low-income people.
