Comments on: Seized! IndyMac placed in FDIC hands http://blownmortgage.com/2008/07/12/seized-indymac-placed-in-fdic-hands/ #1 Free Home Loan Modification & Debt Relief Help For US Home Owners - Truths, Facts & News About the Mortgage Industry Fri, 06 Nov 2009 14:02:46 -0700 http://wordpress.org/?v=2.8.3 hourly 1 By: Don http://blownmortgage.com/2008/07/12/seized-indymac-placed-in-fdic-hands/comment-page-1/#comment-12913 Don Sat, 12 Jul 2008 18:52:16 +0000 http://blownmortgage.com/?p=1171#comment-12913 Eric, YIKES!!!!!!!!<br><br>That's scary. Watch for a takeover of WAMU by someone, as well as Lehman. Investment banks teetering will either be taken over or allowed to fail. The Fed is not going to step in again. And 10-13% of the FDIC's capital just got zapped by the Indymac seizure. Eric, YIKES!!!!!!!!

That's scary. Watch for a takeover of WAMU by someone, as well as Lehman. Investment banks teetering will either be taken over or allowed to fail. The Fed is not going to step in again. And 10-13% of the FDIC's capital just got zapped by the Indymac seizure.

]]> By: Eric Ogunbase http://blownmortgage.com/2008/07/12/seized-indymac-placed-in-fdic-hands/comment-page-1/#comment-12912 Eric Ogunbase Sat, 12 Jul 2008 13:54:58 +0000 http://blownmortgage.com/?p=1171#comment-12912 Wait till people make a run on Bank of America. One of my co-workers just said, "I need to change banks, since that Countrywide deal is final". Wait till people make a run on Bank of America. One of my co-workers just said, “I need to change banks, since that Countrywide deal is final”.

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