Federal regulators seize control of IndyMac bank

tinker683

And so it begins...

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"Not everything that steps out of line, and thus 'abnormal', must necessarily be 'inferior'" - Hans Asperger, 1938

ShadowWulf · Posted: Sat Jul 12, 2008 11:13 am Post subject:

Going from bad to worse. Honestly though a bank run like that on withdrawals is pretty unheard of in my memory at least. So, who's next?

Jason_Harvestdancer · Posted: Sat Jul 12, 2008 12:28 pm Post subject:

As if we needed another sign of the coming financial apocalypse.
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LakeGeorgeMan actually think's I'm Socrates.

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Godless Red Scum · Posted: Sat Jul 12, 2008 12:36 pm Post subject:

Jason_Harvestdancer · Posted: Sun Jul 13, 2008 8:37 am Post subject:

We've known since the late 1980s that 2019 would bust Social Security. There was a recession in the late 1980s/early 1990s, so anyone saying that a recession was happening was right about that - it started and ended under Bush the first but since the recovery started in the last few months of Bush the first most of the credit went to Clinton.

Many doom-and-gloom predictions are made by Democrats saying "this will happen if you vote Republican" and made by Republicans saying "this will happen if you vote Democrat". The current round of predictions (starting in the late 1990s) is the libertarian prediction, sparing neither Bush Jr nor Clinton, and based on the Federal Reserve's inflationary policy instead of the party of the president. And, let's face it, the libertarian predictions of doom and gloom have been pretty spot-on.
_________________
Nos laetus edo qui votum opprimo nobis.

LakeGeorgeMan actually think's I'm Socrates.

Visit my wife's art gallery

skinny · Posted: Sun Jul 13, 2008 9:55 am Post subject:

It's a Wonderful Life...BANK RUN!!

(start vid at ~50 min 50 sec mark)

Link

skinny
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