Bulk deposits from brokers, known as hot money, fueled growth at smaller banks across the country, but also led some to the brink, and beyond.
For Banks, Wads of Cash and Loads of TroubleCourtesy NYT > Business Fri, 07/03/2009 - 19:40
Bulk deposits from brokers, known as hot money, fueled growth at smaller banks across the country, but also led some to the brink, and beyond. Related itemsBanks Bet Greece Defaults on Debt They Helped Hide
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