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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 at http://www.latimes.com/business/la-f...,6071779.story 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. |
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