dimelab dimelab: shrinking the gap between talk and action.

visible bubbles Topic in The Credit Debacle Catalog

Jesse's Café Américain Sun 2009-08-30 12:00 EDT

A Run On the Funds: Majority of Cerberus Investors Want Out -- Now

When investors or depositors ask for the immediate withdrawal of 71% of their money there is only one thing to call it: a run on the bank.The selling in the markets is still quiet, and overshadowed by some of the visible bubbles in financial assets and rosy headlines. The bank bailouts are working, but only to produce a false Spring to lure in the last of the greater fools.

Cerberus Investors Want; funds; Jesse's Café Américain; major; running.