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E-mail bank rumor sends customers rushing to withdraw cash, 28.12.03

Email / cell cause run on bank

A bank here has launched a police complaint after a malicious e-mail that claimed the institution was going bankrupt began circulating, prompting customers to withdraw all their savings.

Officials at the Bank of Saga, which was targeted in the prank, said the e-mail was sent on Wednesday, stating, 'The Bank of Saga is apparently going to go under on the 26th. It is recommended that people who have savings there withdraw all their money.'

CLB: Could have been anywhere, any bank. Perhaps a form of anti-rumour authentication is required in news.


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"We shall need compromises in the days ahead, to be sure. But these will be, or should be, compromises of issues, not principles. We can compromise our political positions, but not ourselves. We can resolve the clash of interests without conceding our ideals. And even the necessity for the right kind of compromise does not eliminate the need for those idealists and reformers who keep our compromises moving ahead, who prevent all political situations from meeting the description supplied by Shaw: "smirched with compromise, rotted with opportunism, mildewed by expedience, stretched out of shape with wirepulling and putrefied with permeation.
Compromise need not mean cowardice. .."

John Fitzgerald Kennedy, "Profiles in Courage"

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