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81Which banks are in the most trouble now?
by 02SmithA
After Friday afternoon's news that IndyMac Bancorp was being taken over by the government and then reopened yesterday under the new name IndyMac Federal Bank, the worry on Wall Street and Main Street has grown... published 5 months ago
64What happened to the one-time write off for the credit crisis?
by 02SmithA
The subprime virus has spread! Rewind to the end of last year when the subprime mortgage crisis was just starting to rear its ugly head. The CNBC and Bloomberg announcers were all touting the financial... published 5 months ago
64Two more banks fail, Mutual of Omaha acquires deposits
by 02SmithA
Just two weeks ago IndyMac became the second largest bank failure in our country's history. Ever since that time, the speculation has become more and more rampant by the day as to which bank may be the next... published 4 months ago
61IndyMac Bancorp nearly out of capital, who's next?
by 02SmithA
IndyMac Bancorp announced today that it will be slashing 3,800 jobs and closing their forward mortgage business. On the company's corporate blog, they gave the reasons for this move. The Pasadena-based company... published 5 months ago
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