A Modern-Day Bank Run

By The Daily Dish

Henry Blodget:

WaMu (WM) depositors panicked on September 15, after Lehman Brothers failed.  In the 10 days since, they have pulled out $16.7 billion of deposits, or 9% of WaMu's deposits as of June 30.

This article available online at:

http://www.theatlantic.com/daily-dish/archive/2008/09/a-modern-day-bank-run/211145/