Word: indymac
(lookup in dictionary)
(lookup stats)
Dates: during 2008-2008
Sort By: most recent first
(reverse)
...California Anatomy of a Bank Run The fall of IndyMac, the second largest financial institution in U.S. history to collapse, alarmed depositors and caused a run on the bank akin to the savings and loan crisis of the 1980s. How the panic spread...
...JUNE 26 IndyMac stock dips below $1; Senator Charles Schumer warns of a possible collapse...
...JULY 7 IndyMac lays off 53% of its workforce...
...JULY 11 IndyMac closes main branch at 3 p.m. and tapes notice of FDIC takeover on door...
JULY 12-13 Schumer denies responsibility for the panic, as IndyMac online services are disabled over the weekend--prompting worries of insolvency...