gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
ad8e851bd4030edc
Response Measures
None
Events (1)
1.December 18, 1934Receivership
Newspaper Excerpt
VASSAR BANK RECEIVER PAYS SIXTH DIVIDEND
Source
newspapers
Newspaper Articles (2)
1.December 18, 1934The Saginaw NewsSaginaw, MI
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Article Text
VASSAR BANK RECEIVER PAYS SIXTH DIVIDEND
(Special to The Saginaw News.) Dec. receiver for the State Savings Bank of Vassar today paying the sixth dividend to the depositors which amounts 61 in The cost of the receivership is less than $100.
M'ADOO QUITS HOSPITAL. Reccovered from attack acute indigestion. Senator William Gibbs McAdoo of California today left Sternberg General hospital where he was confined for four days.
2.December 18, 1934The Saginaw NewsSaginaw, MI
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Article Text
VASSAR BANK RECEIVER PAYS SIXTH DIVIDEND
(Special to The Saginaw News.) Grant receiver for the objectors of the State Savings Bank of Vassar today is paying the sixth dividend to the depositors which amounts to 61 per cent in all. The cost of the receivership is less than $100.
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.