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Friday, July 11, 2008

FDIC Taking over Indymac Operations

Indymac taken over by FDIC

Indymac is the biggest bank to fail. The FDIC will take over the operation.

Who is next? Wamu? Wachovia? This thing just keeps getting uglier!


Would it have been a good idea to open a CD that earns over 4% interest?

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