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Failed Banks

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Jul. 29th, 2008 | 10:59 am

This seems like a harsh URL to end up on http://www.fdic.gov/bank/individual/failed/IndyMac.html

Note the individual failure that ending up there represents.

Also if you're curious about what the FDIC does for failed banks, that's over here

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Comments {2}

John Tkalcich

(no subject)

from: jmtkalcich
date: Jul. 30th, 2008 02:42 am (UTC)

The local bank in my home town in rural Minnesota also got taken down by FDIC. It was the only way to get the town mentioned in WSJ, since nothing interesting goes on there.

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No Fax Payday Loans

from: no_fax_payday
date: Aug. 29th, 2008 10:44 am (UTC)

It’s confusing how banks put up heavy burdens at people who transacts with them. They have been accused for ripping off customers and imposing high charges for minor account and puts the customer into cycle of debts. And it is funny how banks wanted no fax payday loans to be outlawed so that they will have the supremacy with loans. Do you think it’s a perfect idea? Please read the article on this site:
http://personalmoneystore.com/moneyblog/2008/08/04/banks-caught-lying-about-the-payday-loan-industry-the-real-predatory-lenders-part-i/#comment-58 You’ll be
surprise with the little dirty secrets of banks.

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