Discuss Year 2000 Issues Message Board

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Technology Stocks : Discuss Year 2000 Issues

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To: David Eddy who wrote (8655)	9/17/1999 9:43:00 AM
From: flatsville	Read Replies (1) of 9818

David-- Re: this-- >>>A quiz question from the 1929 market collapse & follow-on bank failures (not necessarily directly related, but that's another issue)... What was more causitive for the banks that collapsed? - withdrawals by small depositors? - withdrawals by large depositors? You've got a 50% chance of getting the answer right, so this doesn't show much of anything. So now the hard question... - when did the Federal Reserve know the answer?<<< I still haven't found the answers. (Galbraith was no help, though I did learn something about the banking structure which contributed to the failures.) So what are the answers?

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