Electronic Run on the Banks

From Mark on BoingBoing:

The Capital Markets Subcommittee Chair, Rep. Paul Kanjorski of Pennsylvania, tells C-Span how the world economy almost collapsed in a matter of hours.

“It would have been the end of our economic system and our political system as we know it.”
https://youtube.com/watch?v=_NMu1mFao3w
Oh well… maybe next time… 😉

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