Fact is it does happen OFTEN and it's going to keep happening. In many cases
the reasons why it is happening may be disturbing.
Here's a another example this week:
This is a story filed under "Oddly Enough" on the Iwon news service
(run by CBS I believe. Read the second to last paragraph. What
I sincerely hope you are right, but at this point I think my vacation money
is gone!
On Tue, 26 Jun 2001 22:06:58 +0200, offshoresurfer wrote:
>
>
>
> > Paritate is dead. What is the first thing every account holder is
going to
> > do? pull out their money. Even if the situation gets
NOthing would make me happier than if that was true. However the reality is
that the second after they get back up and running, everyone is going to
pull their money out. Where are they going to get that money? They know
this. I have been trying to open up a new account there for the last two
> Paritate is dead. What is the first thing every account holder is going to
> do? pull out their money. Even if the situation gets resolved, no one is
> going to trust Paritate any more. This is one of those things you don't let
> happen. ONce it happens, the bank is dead. Even if someon
Hello,
Your assumptions are a bit premature and emotionally tainted.
Paritate Bank is experiencing problems right now. There is no word on
the permanency of this issue, but the bank has personally told us that
everything should be operational in two or three days.
It seems that Pa
Paritate is dead. What is the first thing every account holder is going to
do? pull out their money. Even if the situation gets resolved, no one is
going to trust Paritate any more. This is one of those things you don't let
happen. ONce it happens, the bank is dead. Even if someone bought th
Paritate bank is closed right now, sort of. They are having a dispute
fo some sort with Bank of Latvia which is like the central bank in
Latvia. The Bank of Latvia suspended the international bank licence but they
are still registered as a local Credit Union. Paritate said they
should have
Callers to +371 704 1352 hear a short recorded message to the effect that Paritate's
operations have been suspended by resolution of the national bank, and more details
will be given later. I checked the Latvian national bank's website (www.bank.lv) but
there is nothing about it there yet.
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