gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
844956e365667f97
Response Measures
None
Description
Article text is a short fragment saying the bank closed; fuller coverage would confirm permanence and cause.
Events (1)
1.August 23, 1930Suspension
Newspaper Excerpt
FARMERSVILLE ILL BANK CLOSES. NONE LEFT IN CITY
Source
newspapers
Newspaper Articles (1)
1.August 23, 1930The St. Louis Star and TimesSt. Louis, MO
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Article Text
FARMERSVILLE ILL BANK CLOSES. NONE LEFT IN CITY is
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.