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ABC Bank is facing a financial crisis due to the simultaneous run of customers to the bank to convert their deposits in cash. With this
ABC Bank is facing a financial crisis due to the simultaneous run of customers to the bank to convert their deposits in cash. With this situation, explain in your own words the reasons that drove the depositors to act in such a way. Assume youre a top manager at the bank; explain what are the options that the management has that will save them from being insolvent due to the massive withdrawals.
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