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| Permalink View Article Stats (2 comments) Regulators seize troubled IndyMac - may become most expensive bank collapse ever. Quicklink submitted by Amanda Lang (Add your own quicklinks easily with the OpEdNews Quick Link Browser bookmark) |
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| According to the FDIC, 10,000 IndyMac customers could lose as much as $500 million in uninsured deposits. The agency says the failure will cost the Deposit Insurance Fund between $4 billion and $8 billion, based on preliminary estimates. 'It's possible this will be the most costly bank failure in history, but it's too soon to say,' FDIC Chairman Sheila Bair |
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i got laid off from IndyMac last October
by Better World Order on Saturday, Jul 12, 2008 at 1:54:47 AM
We The People
by Linda Bailey on Saturday, Jul 12, 2008 at 10:28:42 AM