A Virtual Bank With Real Woes

June 15th, 20091:15 pm @

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A Virtual Bank With Real Woes

Uh-oh! Another big bank is the subject of a depositor run amid charges its chairman has run off with customers’ money. Thankfully, this scandal is taking place in Eve Online, a space-age virtual reality created by CCP, a games developer and Iceland’s coolest company. But these troubles in the ether may offer some valuable lessons for earthly banking and regulation.

From the NY Times

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