http://bobmccarty.com/2008/07/12/indymac-bank-33rd-to-fail-since-october-2000/#utm_source=rss&utm_medium=rss&utm_campaign=indymac-bank-33rd-to-fail-since-october-2000 Humor, Politics, Culture & Capitalism @ BobMcCarty.com Fri, 20 Nov 2009 23:50:32 -0600 http://wordpress.org/?v=2.8.6 hourly 1 http://bobmccarty.com/2008/07/12/indymac-bank-33rd-to-fail-since-october-2000/comment-page-1/#comment-6373 Skydance Sat, 19 Jul 2008 16:56:48 +0000 http://bobmccarty.com/?p=3491#comment-6373 Janis, any advance word of a pending bank closure would be a self-fulfilling prophecy: hints of bank failure would cause depositors to "make a run on the bank," withdrawing their deposits and "causing" an unsteady bank to fail. That's why FDIC was created: so consumers (up to $100,000) didn't need to worry. Janis, any advance word of a pending bank closure would be a self-fulfilling prophecy: hints of bank failure would cause depositors to “make a run on the bank,” withdrawing their deposits and “causing” an unsteady bank to fail. That’s why FDIC was created: so consumers (up to $100,000) didn’t need to worry.

]]> http://bobmccarty.com/2008/07/12/indymac-bank-33rd-to-fail-since-october-2000/comment-page-1/#comment-6351 Janis Mon, 14 Jul 2008 16:40:51 +0000 http://bobmccarty.com/?p=3491#comment-6351 Where's a good website to go to for a "headsup" before the banks close? Where’s a good website to go to for a “headsup” before the banks close?

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