Indymac

Take Back Your Money

Jon Raymond | Posted 09.01.2008 | Business

Read More: Economy, Freddie Mac, Fdic, Money, Revolution, Bank Run, Indymac, Fannie Mae, Banks, Bear Stearns, Feds, Bank Runs, Saving Money, Business News
Jon Raymond

Want to know how to take back this country, or start a revolution? The answer is as obvious as the nose on your face. Banks. Take your money out of t...

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Feds: 117 Banks In Trouble, Highest Level Since 2003

AP | MARCY GORDON | Posted 08.26.2008 | Business

Read More: Indymac, Bank Failure, Bank Closure, Troubled Banks, Federal Deposit Insurance Corp, Business News

WASHINGTON — The number of troubled U.S. banks leaped to the highest level in about five years and bank profits plunged by 86 percent in the sec...

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California May Probe Senator Schumer Over IndyMac Collapse

Reuters | Posted 08.21.2008 | Business

Read More: Schumer Investigation, Banking Crisis, Bank Runs, IndyMac Collapse, Indymac, Charles Schumer, Schumer IndyMac, Business News

WASHINGTON (Reuters) - California's attorney general is reviewing a request by former employees of IndyMac Bancorp Inc to investigate whether a New Yo...

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Bush Cheerleads While the Economy Dives

Mona Gable | Posted 07.21.2008 | Politics

Read More: George Bush, Gas Prices, The New York Times, Indymac, Economy, Ben Bernake, Mortgage Crisis, George W. Bush, Politics News
Mona Gable

I was extremely confused by Bush's rosy economic speech. Here my local bank, IndyMac, is collapsing, with distraught customers waiting in line for hours last week to get their money.

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Why We Are Where We Are

Tony Ressler | Posted 07.16.2008 | Business

Read More: Indymac, Indymac Bank, Consumer Debt, Economy, Business News
Tony Ressler

People used too much debt to buy things at the wrong time in the economic cycle and lenders have been too lax in their lending standards. This has all changed because it should -- in short, risk has been repriced.

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FBI Investigating IndyMac For Fraud In Home Loans To Risky Borrowers

AP | LARA JAKES JORDAN | Posted 07.16.2008 | Business

Read More: Indymac, Indymac Investigation, Fbi Investigates Indymac, Indymac Fraud Investigation, Indymac Fraud Home Loans, Business News

WASHINGTON — The FBI is investigating failed bank IndyMac Bancorp Inc. for possible fraud, an official said Wednesday of the government's latest...

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Regulation is Not a Bad Word

Cenk Uygur | Posted 07.15.2008 | Politics

Read More: Bear Stearns, Phil Gramm, Financial Neocons, Indymac, Deregulation, Republican, Enron, Fannie Mae, Regulation, Radical Deregulation, Freddy Mac, John McCain, Financial Radicals, Politics News
Cenk Uygur

McCain and Gramm are financial radicals who have taken over the system. The idea of putting them back in charge is absolutely unthinkable.

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IndyMac Customers Line Up To Transfer Money To Mattresses

Reuters | Posted 07.15.2008 | Business

Read More: Economy, Indiemac, IndyMack, Banking Crisis, Indymac, IndyMac Seized, IndyMac Failure, Business News

With Federal Reserve Chairman Ben Bernanke reiterating that the U.S. economy isn't in great shape, government-sponsored enterprises Fannie Mae and Fre...

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Fed Regulators Explore New Territory

Jeffrey Shaffer | Posted 07.15.2008 | Politics

Read More: Obama, Freddie Mac, Indymac, Bernie Mac, Economy, Politics News
Jeffrey Shaffer

IndyMac Bank's assets were seized by federal regulators on Friday after the mortgage lender succumbed to the pressure of tighter credit, tumbling home prices and rising foreclosures

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Did Sen. Charles Schumer Cause The IndyMac Failure? He Says No

CNNMoney.com | Posted 07.15.2008 | Business

Read More: Why Did IndyMac Die, Banking Crisis, IndyMac Shut Down, IndyMac Closed, Indymac, IndyMac Seized, Chuck Schumer, Who Killed IndyMac, Charles Schumer, Business News

NEW YORK (CNN) -- Sen. Charles Schumer said Sunday the Bush administration is trying to "blame the fire on the person who calls 9-1-1" by suggesting h...

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Right Develops Economy Blame Narrative

Dave Johnson | Posted 07.13.2008 | Politics

Read More: Schumer, Indymac, Economy, Politics News
Dave Johnson

The right is orchestrating a campaign to blame Democrats for the economic collapse. In cases like this it is often a matter of being the first out th...

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Regulators Seize IndyMac

AP | ALEX VEIGA | Posted 07.11.2008 | Business

Read More: IndyMac Shut Down, IndyMac Seized, Indymac, Indymac News, Indymac Fdic, Indymac Bank, Indy Bank, Indy Mac, Business News

LOS ANGELES — IndyMac Bank's assets were seized by federal regulators on Friday after the mortgage lender succumbed to the pressures of tighter ...

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Mortgage Lending Implode-O-Meter Explodes In Popularity

New York Times | Louise Story | Posted 07.08.2008 | Business

Read More: Mortgage Lending Implode-O-Meter, Subprime Mortgages, Aaron Krowne, IndieMac, Lehman Brothers SBF, Weak Economy, Indymac, Recession, Mortgage Crisis, Business News

The misery in the housing market is registering on the Implode-O-Meter. As millions of homeowners fall behind on their mortgages, a fledging Web site...

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