Indymac shares, from $50 to 28 cents; why would Freddie/Fannie be different?

Discussion in 'Stocks' started by crgarcia, Jul 13, 2008.

  1. IndyMac is now IDMC on the Pink Sheets (IDMC.PK).
     
    #11     Jul 15, 2008
  2. People are lined outside of Indymac bank in Pasedena, CA to get their money back.. I mean people literally line up for hours to get their deposits back. People with more than FDIC's guarantee of more than 100K are getting 1/2 of the amount that exceeds 100K. I'd be very pissed if I had millions in there. where the hell are people supposed to keep their money if not banks?????
     
    #12     Jul 15, 2008
  3. Leading Swiss private banks.. oh wait :confused:
     
    #13     Jul 15, 2008
  4. Even better, put it in oil futures... ohh wait no... that'll make you an evil speculator... better put it in the bank... banks never fail, they're safe.
     
    #14     Jul 15, 2008
  5. give your money to Chuck Schumer he knows everything
     
    #15     Jul 15, 2008
  6. buy short term treasuries
     
    #16     Jul 16, 2008