Pretend you had your life-savings in a bank that failed due to a bank run. You waited in line for hours but were unable to withdraw your money before the bank closed forever. What just happened to all your money you had saved in the bank?

Question

lilbaddieeeeee · Answer

Great Depression/Dust Bowl

OliveSpice89 · Answer

You'll receive your cash back

lilbaddieeeeee · Answer

but thats not the question, this was during the great depression

0mega · Answer

Well than I don't know it still probably be the same thing, you'll get a cash back

priscillaC · Answer

Eveyrthing there saying is all true

OliveSpice89 · Answer

No, back then you would just lose your cash

OliveSpice89 · Answer

At least from some banks, but mostly you lost it all

lilbaddieeeeee · Answer

still not answering the question.

OliveSpice89 · Answer

all how am i suppose to answer it
that's how you asked

lilbaddieeeeee · Answer

Pretend you had your life-savings in a bank that failed due to a bank run. You waited in line for hours but were unable to withdraw your money before the bank closed forever. What just happened to all your money you had saved in the bank?

OliveSpice89 · Answer

they would most likely keep it

paige111 · Answer

alivia...... do you still need help on this?

@lilbaddieeeeee

CrazyCrimson · Answer

no

Nazmanz · Answer

it would be lost because the bank closed down and all money in the bank would be frozen.