“I happened to witness a bank run in Midland, Texas, one time. I’ll never forget the guy in the bank lobby saying, your deposits are good. We got you insured. You don’t have to worry about it if you got less than $100,000 in the bank. The problem was, people didn’t hear. And there’s a … nervousness. My hope is that people take a deep breath and realize that their deposits are protected by our government.” — President George W. Bush, responding to the question “Are American’s banks in trouble?” at his July 15 press conference.