LouisCribben
Registered User
- Messages
- 337
I'm reluctant to ask questions about the safety of deposit accounts.
If everyone came to an incorrect conclusion, then there might be a run on the banks.
OK, I know about the state guarantee........but with the state finances being in a precarious state, and some might argue that the governmant are not making a huge amount of draconian cuts to tackle the problem, how secure is the bank guarantee ?
Has there ever been a case where deposit holders lost some of their deposits when a county became insolvent ? Could it happen in Ireland.
Any balanced opinions ?
If everyone came to an incorrect conclusion, then there might be a run on the banks.
OK, I know about the state guarantee........but with the state finances being in a precarious state, and some might argue that the governmant are not making a huge amount of draconian cuts to tackle the problem, how secure is the bank guarantee ?
Has there ever been a case where deposit holders lost some of their deposits when a county became insolvent ? Could it happen in Ireland.
Any balanced opinions ?