January 20, 2007 at 11:20 pm
#723655
Member
Thanks. I just wondered what they were doing with the money they hold in customers accounts and whether a run of the accounts (all these people withdrawing) would have the same affect as a run on a bank.
I guess there’s no actual way they could be out of pocket after this change, e.g. bad debts, etc., just a significant revenue decrease.