Twitter fuels a bank run

Swedish banks operating in Latvia were recently victim to a social media-fueled bank run. Analysis by Orgnet.com shows the social graph of Twitter users who tweeted and retweeted rumors about the bank. The image highlights the Swedbank‘s central role in tweeting denials and trying to control the spread of rumors. One can clearly see two sub-networks at play – the first being a highly connected network of rumor-mongers, the second a highly centralized network of denials.

 

bankrunupdate.png

Image via ReadWriteWeb

 

Download the original pdf here: Twitter Bank Run.

Read more at Did A Twitter-Fueled Latvian Bank Run Start With One Account? [UPDATED].

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