This morning, on a local station, the bank President and CEO for a Washington bank was on giving all the right words to instill confidence in the population that their money was safe. That we would weather the ups and downs of the financial system (didn't use the word crisis). Also that there was no need to run to the bank and withdraw your money.
The talking head then said mentioned run on banks.
This is something I expected somewhere in this roller coaster that we are on, but this is the first mention in the news that I have heard the phrase 'run on banks. Has anybody else heard this? Run on banks?