The End of the Anchor Bocker Trust

Some banks legitimately were because they had financial interest in the anchor bocker trust. So when they go under, you're now taking a loss. And if everybody comes and is down that deposit, you get this contagion. You would have a perfectly viable bank that has made wonderful loans but then depositors come and take out all their money. That stops the flow of capital through the bank and the bank seizes up and dies.