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IndyMac (IDMC) First of Many Banks to Fail

Started by tfn · 11 months ago

“Don’t let the name ‘regional banks’ fool you. We’re talking about some of the biggest banks in the US. The reality is that regardless of how much money the U.S. government pumps into Freddie and Fannie, the U.S. financial system is in big trouble.” — John Stepek
Blogger’s note: The Fed may have decided that Fannie [...] ... Continue reading »

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