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This Is What A Bank Run Looks Like: Home Capital Loses 70% Of Deposits In One Week

1-5-2017 < Blacklisted News 67 72 words
 

In the beginning it was a slow pace, then it became a casual jog. Then, starting early last week, the jog morphed into a full-blown run, and - as of the past 3 days - the withdrawal of deposits at Home Capital Group's high interest savings accounts has mutated into a full blown mad dash not to be the last person to have their money at what is now an effectively insolvent alternative lender.

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