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Bank failures during banking crises, in theory, can result either from unwarranted depositor withdrawals during events characterized by contagion or panic, or as the result of fundamental bank insolvency. Various views of contagion are described and compared to historical evidence from banking...
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major impact on banks in the USA. In response to the 1980s and early 1990s crisis, and the more recent mortgage market …, particularly in comparison to the pre-crisis character of the US banking system and regulatory environment. In particular, this … the worst recession in the USA since the Great Depression. …
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