Banks Collapsing in Second Life
Posted in Business, Virtual Communities on Jan 25th, 2008
“Cheer Up, Ben: Your Economy Isn’t As Bad As This One” Wall Street Journal. 23 January 2008. Page A1. Not only are real banks struggling with sub-prime mortgage problems, Second Life is shutting down virtual banks that were failing to deliver high returns they had promised their depositors. All virtual banks (about a dozen) were […]