gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
de379d409d1755f3
Response Measures
None
Description
OCR errors in articles; receiver named Rhine and frozen loans cited as cause.
Events (1)
1.September 16, 1930Receivership
Newspaper Excerpt
Rhine ... been appointed receiver ... The clos was caused by frozen loans ... Mr. Rhine was the receiver of the Farmers' Stockmen's State bank Manhattan
APPOINT BANK RECEIVER
Rhine, been appointed receiver the Stockdale Farmer's which its doors September The closwas caused by "frozen loans' and action the board of The bank capitalized at plus of and deposits Bills payable and bills rediscounted amounted aggregated Rhine the receiver the Farmers' Stockmen's State bank Manhattan creditwith unusually successful cord handling the affairs of bank.
BANK RECEIVER Manhattan, appointed receiver the Stockdale Farmer's which doors September The clos caused by "frozen the board of bank at with of deposits 000. Bills payable counted and aggregated Mr. Rhine was the receiver of the Farmers' Stockmen's bank Manhattan and with unusually handling the affairs of that
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.