Second Life, the virtual community, bans banks which aren't banks in the real world.
Since the collapse of Ginko Financial in August 2007, Linden Lab has received complaints about several in-world "banks" defaulting on their promises. These banks often promise unusually high rates of L$ return, reaching 20, 40, or even 60 percent annualized.
Second Life imitating the first?
More like this
One of the infuriating things about the collapse of Big Shitpile is that there hasn't seemed to be much you or I can do about it (and that wanker Bernanke is useless). Until now.
I already have two articles for my issue of Tangl
the financial crisis spreads to Iceland
the financial markets are in turmoil outside the US also
mortgage companies, investment banks and insurance groups are collapsing in the UK, Belgium and Germany as well as the US, with the trouble likely to spread further
So can the banks. A key impediments to economic recovery is underwater mortgages: people repay housing loans for more than the underlying property is worth. Many Dirty Fucking Hippies sane people have recommended that banks be forced to 'cramdown' these mortgages*.