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Re: Taking_Profits post# 1317

Sunday, 02/28/2010 9:58:01 AM

Sunday, February 28, 2010 9:58:01 AM

Post# of 3390
I hardly doubt there will be a run on the bank.

They do have to notify their customers that they are reverting back to reg D for interest bearing accounts.

The two different accounts require different reserve amounts to be held at the Fed.

During the banking crisis the Fed allowed the Now accounts to be treated as DDAs so customers could withdraw their money at will with no transaction limits.










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