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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (398101)7/11/2008 8:45:37 PM
From: tejek  Read Replies (1) of 1575639
 
Well the first bank has failed.

IndyMac Seized by U.S. Regulators Amid Cash Crunch

By Ari Levy and David Mildenberg

July 11 (Bloomberg) -- IndyMac Bancorp Inc. became the second-biggest federally insured financial company to be seized by U.S. regulators after a run by depositors left the California mortgage lender short on cash.

read more...........

bloomberg.com
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