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2min chapter
Enron
Acquired
Enron's Bankruptcy
In the context that Enron executives were using it in this period, it was completely unfair analogy. They were like, oh, is merely a run on the bank? If people hadn't gotten spooked from those darn journalists and the short sellers writing that story, we would have been fine. And no, runs on the bank are an issue when the bank is being irresponsible. Because if the bank is runnable, there's a problem.
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