gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
b0602c98b6739b49
Response Measures
None
Events (1)
1.December 3, 1931Suspension
Cause
Government Action
Cause Details
Closed by order of state banking authorities
Newspaper Excerpt
Grantsville Deseret Bank Closes Doors closed order of state bank affairs
Source
newspapers
Newspaper Articles (1)
1.December 3, 1931Deseret NewsSalt Lake City, UT
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Article Text
Grantsville Deseret Bank Closes Doors closed order of state bank affairs Mr. not considered done protect were that reason the E. vice
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.