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Wall Street Socialists vs 4 million homeowners[q url="http://www.truthdig.com/report/item/20080917_wall_street_socialists/"] "...immense interlocked, incestuous borrowing… that's what is bringing down the entire banking system." [/q] AIG, Lehman Brothers, Merrill Lynch, Fannie Mae, Freddie Mac, IndyMac and... |
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WaMu Begins To Sell Itself []WaMu has begun to try to sell itself. So far, no takers. If no one buys it, one of two things will happen. Either it will be placed into a conservatorship, like IndyMac, or form a bridge bank, a kind of temporary bank. So the question for depositors is: wait to find out who your new masters are, ... |
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FDIC to boost insurance fundThe recent failure of IndyMac has sent the FDIC's insurance fund balance to its lowest levels since 1995. This is forcing the regulator to boost its reserves by increasing the fees banks pay. ... |
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Calif. won't probe NY Sen. Schumer over IndyMacRead full story for latest details. ... |
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F.D.I.C. Moves to Help IndyMac BorrowersThousands of homeowners with distressed mortgage loans linked to the failed lender IndyMac may soon be able to avoid foreclosure under a program announced Wednesday by banking regulators. ... |
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Regulator to help IndyMac mortgage borrowersWASHINGTON (Reuters) - Thousands of homeowners with distressed mortgage loans linked to failed lender IndyMac may soon be able to avoid foreclosure under a program announced on Wednesday by U.S. banking regulators. ... |
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