Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: HPilot who wrote (398133)	7/11/2008 8:58:48 PM
From: tejek	Read Replies (1) \| Respond to of 1575626

Thats not the first bank, in fact the statement said it was the second largest. And seizing it doesn't necessarily mean it has failed. This may only be temporary to stop the run and prevent it from failing. What's the problem.....it explains it all in the article. Learn to at least skim the article before making contradictory statements like the ones above: "IndyMac becomes the largest OTS-regulated savings and loan to fail and second-biggest financial institution to close behind Continental Illinois in 1984, according to the FDIC. Lehman Brothers Holdings Inc. advised the regulator in the transaction."