bankrun

Maybe you heard the news about a bank run in the Netherlands.
I always thought it would only happen abroad, till last year, when the Northern Rock received support of the Bank of England and a real bank run emerged. That was the moment when the American credit crisis came to Europe.

That was September 14 2008, now it's October 25 2009 and stability has not come back.
In the Netherlands another bank collapsed this month. It happened very quickly. The Dutch bank authorities had problems with DSB-bank of billionaire Dirk Scheringa. There where some reforms in DSB and there was a press statement made in a breakfast TV-programme by one of the stakeholders in DSB. He called for a ordinary bank run asking all bank account holders to withdraw their money. A week later the bank was bankrupt. Now 4,000 people with more than Euro 100,000 on their account lose all above that number. Hundred of thousands of people can't get their money for some time. 2,000 people lose their job. They should tell on their curriculum that they worked for a known crook, Dirk Scheringa.