gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
e32dbbf6be22e11a
Response Measures
None
Description
Bank is explicitly reported in the hands of the state bank commissioner as receiver.
Events (1)
1.February 27, 1918Receivership
Newspaper Excerpt
Bank Commissioner Everett J. Sturges is making arrangements to pay a dividend of 4 per cent. to the depositors of the Greenwich Savings bank, which is in the hands of the commissioner as receiver.
Source
newspapers
Newspaper Articles (3)
1.February 27, 1918The Bridgeport Times and Evening FarmerBridgeport, CT
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Article Text
FOUR PER CENT. DIVIDEND FOR BANKRUPTS PATRONS Hartford, Feb. 27.-Bank Commissioner Everett J. Sturges is making arrangements to pay a dividend of 4 per cent. to the depositors of the Greenwich Savings bank, which is in the hands of the commissioner as receiver. The depositors have already received 100 per cent. Another payment of one per cent. or more is expected later in the year. The date for the payment of the four per cent. has not been fixed, but it will be some time in March.
DIVIDEND ON BANK. Four Per Cent. More for Depositors in Greenwich. Hartford, Feb. 27.-Bank Commissioner Everett J. Sturges is making arrangements to pay a dividend of four per cent. to the depositors of the Greenwich Savings bank, which is in the hands of the commissioner as receiver. The depositors have already received 100 per cent. Another payment of one per cent. or more is expected later in the year. The date for the payment of the four per cent. has not been fixed but it will be some time in March.
3.March 1, 1918Republican FarmerBridgeport, CT
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Article Text
FOUR PER CENT. DIVIDEND FOR BANKRUPT'S PATRONS Hartford, Feb. 27.-Bank Commissioner Everett J. Sturges is making arrangements to pay a dividend of 4 per cent. to the depositors of the Greenwich Savings bank, which is in the hands of the commissioner as receiver. The depositors have already received 100 per cent. Another payment of one per cent. or more is expected later in the year. The date for the payment of the four per cent. has not been fixed, but it will be some time in March.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.