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Old July 13th 08, 06:02 AM posted to rec.radio.shortwave
Cato Cato is offline
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First recorded activity by RadioBanter: Dec 2006
Posts: 210
Default Second Largest Bank Failure In US History & 90 More Coming!

On Jul 12, 10:46*pm, Tex wrote:
The federal government took control of Pasadena-based IndyMac Bank on
Friday in what regulators called the second-largest bank failure in
U.S. history.

Citing a massive run on deposits, regulators shut its main branch
three hours early, leaving customers stunned and upset. One woman
leaned on the locked doors, pleading with an employee inside: "Please,
please, I want to take out a portion." All she could do was read a two-
page notice taped to the door. Story continued athttp://www.latimes.com/business/la-fi-indymac12-2008jul12,0,6071779.s...

Ninety more banks are expected to fail within soon - but hush hush -
that isn't supposed to be public knowledge lest more "runs" *by
depositors ensue. The question is WHICH ninety?

The American empire is crumbling - economically, politically,
socially, militarily, morally. The end is near, the fat lady hasn't
sung yet but she's damn sure warming up.


hmmm 1929 all over again..... how did we get out of that
one??? WW II !!
If we all go that way again.... how will we get out of
it....... Another big war??