vcsillag

IndyMac Falls, What's Next? [Housing Tracker]

"The California thrift [had] about $32B in assets"
Also IMB had a $10.90 / share book value (info. from yahoo)
On an other article I found that IMB had $32B loss
Could you please clarify?
For in accordance with Federal law, allowed claims will be paid
in the following order of priority;
1- depositors
2- General Unsecured Creditors
3- Subordinated Dept
4- Shareholders (who own the shares now)

Some info taken from;
FDIC - IndyMac Bank Failure

Big difference for shareholders if it is $32B loss or Asset IMB has.






If you just participate in the Class Actions you do not have to have the shares.
Thanks for you help

Financials Still In Eye of Subprime Storm [Housing Tracker]

Please go to theimbreport.com/
and investigate the REAL situation
and let us know what you think.
Also look the new fileling of IMB
thanks

"IndyMac Shares Drop-off Causes Alarm. “Sen. Charles Schumer sent letters to federal regulators asking them to more closely monitor the financial health of IndyMac, (IMB) the thrift ....."

Renewable Diesel: Biodiesel' s Nightmare

I would be interested hearing from you about Bluefire Ethanol BFRE.OB
They use a feeding stock from garbage and it seems to me, that, that is the most economical.
Thanks
[e-mail]