Rhode Island banking crisis
id:
rhode-island-banking-crisis-171-12790121
title:
Rhode Island banking crisis
text:
The Rhode Island banking crisis took place in the early 1990s, when approximately a third of the US state of Rhode Island's population lost access to funds in their bank accounts. The events were triggered by the failure of a Providence bank, Heritage Loan & Investment, due to long-term embezzlement by its president. News of its problems led to a bank run in which customers tried to withdraw money from the bank which did not have enough money available. In normal circumstances, depositors would
brand slug:
wiki
category slug:
encyclopedia
description:
1990s banking emergency
original url:
https://en.wikipedia.org/wiki/Rhode_Island_banking_crisis
date created:
2017-07-04T19:57:10Z
date modified:
2024-09-01T14:03:38Z
main entity:
{"identifier":"Q40889957","url":"https://www.wikidata.org/entity/Q40889957"}
image:
fields total:
13
integrity:
15