Archive for the ‘heated’ Category

Interview with FDIC Chairman Sheila Bair

Tuesday, July 8th, 2008

One company in the news is IndyMac.

It heated up again yesterday, they are blaming comments from Senator Charles Schumer for big withdrawals and now the Senator is firing back saying they were on the rocks anyway.

Everyone questions that statement by Schumer, this is a big bank, $18 billion deposits.

What is the FDIC doing about this?

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