INDY MAC -- OFFICIALLY DOWN!! GOOD or BAD??

How does this happen?  Bad loans out there?  Poor management.  I just don't understand.

I would like to personally welcome you to the ActiveRain community!  This community has a wonderful atmosphere and you will find lots of helpful friendly people and useful information.  I just recently joine myself and I'm already loving this place! I often find something new and interesting when I read the new blogs.   

Active Rain is an excellent networking forum with a variety of interesting characters.  Expect to learn a lot and be entertained if you have an open mind.  The opportunities to learn, earn and network are absolutely incredible here on Activerain.   

 Welcome to the RAIN I look forward to reading your blogs

Epifanio, to start, wlecome aboard! The insolvency of any major bank /financial instution is not ever a good thing. Not only does it rattle the confidence of consumers, but  it send ripples within the industry it serves, by causing overreaction among investors and when that happens, it  is ometimes hard to stop the herd.  We are muddling in a very fragile economic time and more of this simply causes more fracturing within the foundation.

Nice 1st post!

Thanks

Bo

Welcome to the rain..don't get too addicted. Be careful cutting and pasting info from a website or publication as AR sometimes won't let you post it..it has to be your own content.

Welcome to Active Rain! You will find this site both helpful and fun!

Welcome to "the Rain" and congrats on your first post.  Indymac is a biggie...it'll be interesting to follow what happens with them.  Looks like you're off to a great start with your blog...keep it up!

I just wanted to welcome you to Active Rain! This is a great site for learning, as well as sharing. I learn just as much from the comments on blogs as I do from the blogs themselves.  Check out some blogs, join some groups, and write whatever's on your mind!  I look forward to reading some of your future posts.

I just stopped by to welcome you to Active Rain. I hope that you find it a great benefit to your business and that you see the value that I have also found here. I am from Charlottesville Virginia and using Active Rain has really increased my business!

My main blog on Active Rain is here: Charlottesville Real Estate Blog, not the link at the bottom of this post. 

I hope you will look into the many groups as there are some great group both local and broad based,.... 

enjoy!