Showing posts with label
IndyMac
.
Show all posts
Showing posts with label
IndyMac
.
Show all posts
Monday, July 14, 2008
Good ole fashioned bank run
Then:
Now, at IndyMac
They are letting in only 10 at a time.
Monday, June 30, 2008
Bank runs, lender closure, all in a day's ruin
IndyMac tanking
, and why do we care? It's the largest of the nation's independent lending insitutions,
customers are running for withdrawals
, and the
company sent letters
they are closing all loan/lending as of July 1. "Thanks for your business, catch ya on the flip side" essentially.
Oops. Another one bites the dust.
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