2:32PM EST IMPORTANT NOTE: Sovereign Bank is currently trading at under $3.00 a share down $5.47. It appears that many nervous depositors are pulling their money out as the bank shows fear of collapse.
Banking analysts tell YWN that it appears that there is "a run on the bank", with people running to withdraw or transfer their�funds prior to the start of Rosh Hashanah.
YWN is in no way advising people to withdraw their funds, but to act wisely.
Developing.....
http://www.theyeshivaworld.com/article.php?p=24160
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