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Turks are closing their bank accounts and withdrawing their money from banks owned by the mainstream media bosses which blacked out mass protests against the government. Garanti Bank lost 13% of its share price.
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06-04-2013, 07:04 AM
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9mm_fan
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Share value is interesting, but unconnected. There was a generalized sell off on Turkish markets today of about 10%. The real question, is how much money has been withdrawn from these banks and how much they have left? Will there be a run on the banks that provokes a collapse? It is a possibility.
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