gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
a3fb0c3500554cf0
Response Measures
None
Description
Article text is truncated, so details (exact date and full cause) are incomplete.
Events (1)
1.December 20, 1899Run
Cause
Rumor Or Misinformation
Cause Details
A report concerning Jeremiah Bechtel sparked the withdrawals (article implies a report/rumor triggered the run).
Newspaper Excerpt
Run on Wakarusa Bank. A run occurred a few days ago on the Exchange bank at Wakarusa occasioned by a report that Jeremiah Bechtel, the
Source
newspapers
Newspaper Articles (1)
1.December 22, 1899Marshall County IndependentPlymouth, IN
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Article Text
Run on Wakarusa Bank. A run occurred a few days ago on the Exchange bank at Wakarusa occasioned by a report that Jeremiah Bechtel, the
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.