Rumors that Brazil’s social security fund called Bolsa Familia was to be cancelled led thousands of people to rush to withdraw money from a Brazilian bank over the weekend.
http://www.cnbc.com/id/100750288?__source=yahoo|finance|headline|headline|story&par=yahoo&doc=100750288|RumorsSparkBankRun,Br
Posts Tagged ‘Run on Bank’
Rumors of Cancelled Social Security, Causes Run on Bank in Brazil
Tuesday, May 21st, 2013Tags: Bolsa Familia, Brazil, Cancelled, Causes, in, Rumors, Run on Bank, Social Security
Posted in Debt Management, Economy, Politics | Comments Off