FDIC Comments Imply Big Haircut for IndyMac Loans [View article]
The FDIC is losing 8% - 16% of its entire reserves on this one little bank. FDIC Chief Sheila Bair is already talking about the coming wave of bank failures. The taxpayers are
And why is the FDIC giving out a "50% advance dividend" on uninsured deposits???
FDIC Comments Imply Big Haircut for IndyMac Loans [View article]
And why is the FDIC giving out a "50% advance dividend" on uninsured deposits???
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