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DogPawsBiscuitsNGrav

(408 posts) Fri Jan 25, 2013, 03:27 PM Jan 2013

Mystery: $114 billion withdrawn from banks [View all]

More than $114 billion has been withdrawn from the nation’s biggest banks in the first full week of January, and industry analysts are struggling to understand why.

The Federal Reserve’s latest figures indicate the largest one-week withdrawal amounts from U.S. banks since Sept. 11, 2001, terrorist attacks. The $114 billion represents 2 percent of the nation’s 25 biggest banks’ coffers.

Read more: http://www.washingtontimes.com/news/2013/jan/24/mystery-114-billion-withdrawn-banks/#ixzz2J173cRgF
Follow us: @washtimes on Twitter

Interesting.

17 replies

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Highlight:

Mystery: $114 billion withdrawn from banks [View all] DogPawsBiscuitsNGrav Jan 2013 OP

Putting it into off-shore accounts Angry Dragon Jan 2013 #1

What Cataclysmic Event Should We Be Expecting?.... global1 Jan 2013 #2

Is it a real withdrawal or some sort of computer glitch? winter is coming Jan 2013 #3

The Rapture! jpak Jan 2013 #4

Coincidence?? lpbk2713 Jan 2013 #5

Businessweek has a report that's somewhat less scary Newsjock Jan 2013 #6

I was wondering why I has so much extra in my account today, glad I moved it Lesmoderesstupides Jan 2013 #7

Moving to equities - the markets are up nearly every day now banned from Kos Jan 2013 #8

Moonie Times? Ikonoklast Jan 2013 #9

It could be a few billionaires getting together to try to manipulate the economy. Also, Obama has okaawhatever Jan 2013 #10

My guess was closer to your first. I don't think the 1800 new agents are going to be used to go DogPawsBiscuitsNGrav Jan 2013 #16

Well he didn't get them, so the IRS won't be able to get more small biz. nt okaawhatever Jan 2013 #17

That money is taking an extended holiday into the Virgin Islands Taverner Jan 2013 #11

Right-wing rag.... Hell Hath No Fury Jan 2013 #12

Tax minutiae? You want money in an account on January 1st but not after? Recursion Jan 2013 #13

Duh! Legal pot Fumesucker Jan 2013 #14

It's people moving money from the big banks to smaller banks and credit unions xxxsdesdexxx Jan 2013 #15