IndyMac

[Chum]

Fights between people standing in block-long lines hurrying to withdrawl their money. They aren't given full value on anything less than 100K.

Would be a good time to spread rumors of further bank closures...or would it be facts?

Waycool, all the money spent claiming to fight terror and "we're winning" mentalities that approved it, Bin the Bad Boy has to be laughing his safe time hiding to high heaven.

http://www.chicagotribune.com/news/nationworld/sns-ap-indymac-customers,0,5318199.story

 

[easyphloem]

Here's the link

SZ

 

[frans]

"The Office of Thrift Supervision transferred control of the bank to the FDIC on Friday because it didn't think IndyMac could meet depositor demand. Over the weekend, it became IndyMac Federal Bank, FSB, and by Monday morning the scramble by bank customers to recover their money was on.

Most depositors were given immediate access to up to $100,000 in their accounts and 50 percent of any money beyond that threshold, although depositors with joint accounts or retirement accounts could immediately withdraw greater sums, said David Barr, a spokesman for the FDIC, which is now operating the bank".

...and 50 percent of any money beyond that threshold.

What a financial loss!

 

[Cameron]

I wonder what percentage of the people have an extra hundred g's laying around in the bank. It sure ain't me!

 

[Colin]

There are thousands and thousands of people with that amount of cash in the bank. God Bless America!!!


<font color="green">The TreeHouse</font>

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[Chum]

So this is what happens when God blesses something?

God bless you then partner.

 

[Colin]

I'm your huckleberry.

<font color="green">The TreeHouse</font>

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